01.24.2013

Romania’s Government has approved the granting of tax incentives for research-development activities in Romania, other European Union member states and states in the European Economic Area, the more

01.24.2013

The 11th modification of the car pollution tax and its change into an environmental stamp duty will encourage imports of old, polluting cars, while sales of new cars will continue to decline, players more

01.23.2013

Romania will not levy a tax on financial transactions but will neither set against the initiative of the European Union’s countries that wish and support this tax, according to secretary of state more

01.23.2013

Romania’s Government proposes a new formula to compute the car pollution tax, which increases by about 10% the sum to be paid for Euro 4 and Euro 3 cars, and lowers by 60% to 90% the tax to be paid more

01.22.2013

Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation more

01.21.2013

Romanian privately-owned companies with revenues of up to EUR65,000 will pay a 3% tax on revenue reported as of February 1, 2013, according to an ordinance draft amending the Fiscal Code. more

01.21.2013

Romanian small and medium-sized enterprises owners creating new job opportunities and hiring jobless people will not receive advantageous loans or non-payable funds from the social insurance budget in more

01.21.2013

Romanian farmers registering revenues from animal breeding, silviculture and pisciculture activities will pay a 16% tax from the annual net income, according to an emergency ordinance draft amending more

01.21.2013

The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinance draft. more

01.21.2013

Natural gas and energy transport companies in Romania will pay a “monopoly” tax applicable in the February 2013-December 2014 interval, according to a draft Government emergency ordinance. more

01.21.2013

Companies that exploit and extract natural resources other than natural gas in Romania will pay a special tax of 0.5% of their revenue, which will be applicable between February 2013 and December more

01.17.2013

Romania’s Environment Minister Rovana Plumb proposed in the Government’s Wednesday meeting that the new environmental tax should be applied only to vehicles seating up to eight passengers and more

01.10.2013

Romania’s Fiscal Guard, Fiscal Inspection, the customs authority and the anti-fraud body will be reorganized into a single structure which will carry out company checkups regularly, Finance Minister more

01.09.2013

Romania might introduce a lump-sum tax to target only some services, including bread-and-breakfast units, hotels, restaurants, beauty salons and carwashes, Romanian Minister-delegate for Tourism and more

01.09.2013

The Romanian Government Wednesday approved the ordinance stating local authorities may decide whether or not to increase local taxes in 2013. more

01.09.2013

Romanian transporter association UNTRR proposes several measures to protect the environment and attract revenues to the state budget, such as replacing the car pollution tax with an annual car tax to more

01.04.2013

Romania will keep its car registration tax and will not replace it with an environmental tax, for the time being. more

01.02.2013

Prime Minister Victor Ponta on Tuesday said Romania is unlikely to apply differentiated tax rates on income in 2013, but the principle whereby taxes must be cut for certain social categories will be more

12.21.2012

Romania’s tax authority ANAF will remain under the subordination of the Finance Ministry, while the Financial Guard, the Custom Authority and the Anti-Fraud Unit will be merged, according to more

12.20.2012

Romania’s new Government will restructure tax authority ANAF, the Financial Guard and the customs authority in 2013-2016 and will set up a supervision and audit council made up of European Union more

10.25.2012

About nine in ten Romanian small retail stores operate on the black market, while authorities turn a blind eye to them and check only those which operate legally, Sorin Minea, head of the food more

10.19.2012

The Romanian Government will change once again the tax system levied to car owners as of 2013, replacing the first registration tax with an environment tax, calculated according to the pollution more

10.10.2012

Romania’s Parliament on Wednesday approved a government emergency decree that postpones the country’s car pollution tax until January 1, 2013. more

10.04.2012

Romania may not increase local taxes for 2013 as the legislation states they may only be altered at least six months before the beginning of the year, Romania’s Interior Minister Mircea Dusa said more

09.20.2012

Romanian Prime Minister Victor Ponta on Wednesday said the 16% flat tax will be kept unchanged between 2012 and 2016 or until the European Union sets a unitary taxation system. more