01.16.2012

More than 2 million Romanians will no longer be able to sell their cars, which are registered before 2007, because of the new pollution tax, which in the case of older cars amounts to at least half more

01.11.2012

Romania's Government estimates the total value of car pollution tax refunds, resulting from the difference between the old tax and the new tax, will not exceed 200 million lei (EUR45.8 million), said more

01.10.2012

Romanian car owners for whom the car pollution tax paid since July 1, 2008 is higher than the tax according to the new system may request a refund of the difference, but this refund will also be more

01.05.2012

Romanian President Traian Basescu on Thursday passed the law on the car pollution tax, the Presidential Administration said in a press release. more

01.04.2012

Voted by the Parliament on December 15, the new pollution tax that made Romanians rush to the car registration offices last month in order to avoid paying it has yet to come into force. The more

12.29.2011

The Romanian Government decided mobile operators Orange and Vodafone have a month to transfer EUR6.4 million each to the state budget, or authorities’ decision to extend their GSM licenses, which more

12.28.2011

The Romanian Government approved the new Tax Code, which raises excise duties on diesel fuel and property taxes for companies that failed to reevaluate their buildings over the past years, people more

12.27.2011

Raising the excise tax on diesel oil and property taxes for companies that failed to reevaluate their buildings over the past years are some of the provisions stated in Romania’s new Tax Code to more

12.15.2011

The Romanian Chamber of Deputies on Thursday adopted a bill on the car pollution tax, which amends the first registration tax criticized by the Court of Justice of the European Union. more

12.15.2011

Romania has one of the highest corporate and personal income tax rates in central and eastern Europe, second only to neighboring Hungary, a survey from tax advisory firm Accace showed Wednesday. more

12.12.2011

Over 200,000 Romanians who invest in mutual funds or on the stock exchange have to go five times a year to fiscal agencies to submit income statements for amounts often of no more than 10 lei. more

12.06.2011

The Romanian Government on Tuesday decided to change the formula used to compute the clawback tax imposed on drug producers, by implementing a system to consider producers’ market share and the more

12.06.2011

The Romanian Government is looking into raising the minimum wage from 670 lei (EUR154) to 700 lei (160), and eliminating the income tax for people who earn RON700 - RON1,000, Prime Minister Emil Boc more

12.04.2011

Taxes owed by Romanian landowners will be withheld and transferred to the budget by the tenants, and the owners will not have to file a statement on their income from rents if they choose for their more

12.04.2011

All small Romanian producers of vegetables, fruit, flowers, cereal and wood will pay a tax of 16% on net income, while livestock farmers, beekeepers and silkworm farmers who do not sell to collectors more

11.14.2011

Romanian homeowners who let between one and five rooms to tourists will be able to declare their income and pay taxes without registering as self-employed persons, according to a draft amendment to more

11.14.2011

The Government expects budget revenues to grow 7% next year if the flat tax remains at 16% and VAT stays at 24% under the scenario of a 2% positive economic growth and an improvement in tax collection more

11.12.2011

Romanian companies will again be able starting next year, after a three-year ban, to deduct fuel expenses for vehicles with nine or fewer seats, destined exclusively for passenger transport, as well more

11.12.2011

Romania's Government will begin a "program to investigate people with large income/ wealth" next year and will check individuals involved in real estate transactions in 2006-2008, in an effort to more

11.11.2011

Officials with Nokia Romania said Friday they are working with authorities to analyze the situation and reach a satisfying outcome after the tax authority impounded its assets over a $10 million debt more

11.11.2011

Romania’s tax authority ANAF impounded Nokia’s assets in Jucu, northwestern Romania, for a $10 million debt the Finnish mobile giant has amassed in unpaid custom taxes, ANAF chief Sorin Blejnar more

11.01.2011

The new annual authorization taxes paid by car repair shops starting October 1 should not raise repair prices, the Romanian Auto Registry (RAR) said Tuesday. more

10.31.2011

Romania's Senate on Monday adopted a bill on the car pollution tax, which amends the first registration tax criticized by the Court of Justice of the European Union. more

10.31.2011

The European Union will introduce a pollution tax on apartment heating systems "in 2013 or 2015," said Romanian Environment Minister Laszlo Borbely. more

10.27.2011

The Romanian Association of Independent Car Repair Shops (ASSAI) said Thursday service garages might have to raise repair prices following a decision by the Romanian Auto Registry (RAR) to increase more