Results 76 - 100 from 450 for "tax"
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Major Banks Warn Government New Bank Asset Tax Will Trigger Economic Crisis in Romania
01.21.2019
In an unprecedented move, the banks in Romania through their leaders warned the government that Ordinance 114 introducing the bank tax will generate economic crisis in Romania and cause a decline in more
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New Bank Tax Prompts BCR to Revise All Investment Plans, CEO Says
01.18.2019
Romanian lender Banca Comerciala Romana (BCR), majority owned by Austrian Erste Group, is reconsidering all its investment plans due to the new tax on bank assets, CEO Sergiu Manea said at a banking more
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Finance Ministry Prepares to Deal New Blow to Banks: Non-Tax-Deductible Provisions
01.16.2019
The Finance Ministry has a new measure in store that will impact the banking system: provisions will no longer be tax-deductible unless there is a loan or financial-asset loss. more
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Quarterly Bank Taxation Fears Cause EUR1B Capitalization Drop on Bucharest Stock Exchange
01.15.2019
Companies listed on the Bucharest Stock Exchange lost 4.3 billion lei (almost EUR1 billion) of their capitalization, which dropped to RON139 billion on Monday, as the plummeting banking stocks pushed more
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Romania's Bank Tax Could Lower Interests on Deposits
01.09.2019
The so-called “greed tax” on bank assets will not necessarily affect lending so much as it might prompt bank to cut costs by lowering interest rates on deposits, which are already below the more
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New Taxation Changes Hurt Most Representative Sectors on Bucharest Stock Exchange
01.09.2019
Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the financial burden introduced by the Emergency Ordinance 118, to more
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Central Bank Governor Says ROBOR Rate Unconnected to Bank Tax
01.08.2019
Romania's central bank governor Mugur Isarescu said Tuesday after the bank's monetary policy meeting the recent drop in interbank interest rates has nothing to do with the tax on bank assets but with more
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Prime Minister Appoints Mihaela Triculescu As Chief Of National Tax Agency ANAF
01.03.2019
Romanian Prime Minister Viorica Dancila appointed on Thursday economist Mihaela Triculescu as the new chairman of national tax agency ANAF, after she also dismissed former chief Ionut Misa earlier in more
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Prime Minister To Dismiss National Tax Agency Chairman – Sources
01.03.2019
Romanian Prime Minister Viorica Dancila agreed on Thursday with a proposal made by the country’s finance minister to dismiss the chairman of national tax agency ANAF, Ionut Misa, and will sign a more
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Foreign Investors Council: Hazardous Changes To Affect Economy Deeply
12.20.2018
The Foreign Investors Council (FIC), which consists of 123 member companies whose total investments in Romania amount to nearly EUR35 billion, warned Thursday the government's tax plans will affect more
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SME Council Urges Govt to Improve Tax Collection Instead of Adding New Taxes
12.20.2018
Romania's SME council CNIPMMR firmly opposes the government's plans to levy new taxes and recommends improving tax collection and public services, the organization said in a statement Thursday. more
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Business Sector To Govt: New Taxes Cause Shock and Chaos in the Economy. Stop!
12.20.2018
The business sector had a very harsh reaction to the government’s proposed new taxes in banking, energy and telecom sectors, asking it to stop. The Bucharest Stock Exchange lost 11% and fell into more
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Bucharest Stock Exchange Loses Whole Year's Gains in Wednesday Session
12.19.2018
The main index of the Bucharest Stock Exchange lost 8.6% by midday Wednesday, in just two hours of trading, losing the entire year's growth on concerns over government plans to impose new taxes. more
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Romania Announces New Taxes To Gain Extra RON10B Revenue
12.19.2018
Finance Minister Eugen Teodorovici on Tuesday evening announced new taxes on bank assets, energy and telecom companies, which he intends to use to patch the holes in the 2019 budget. more
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Romania Had Second Lowest Tax-to-GDP Ratio in EU in 2017, of 25.8%
11.29.2018
Romania had a tax-to gross domestic product ratio of 25.8% in 2017, the second lowest level among European Union member states, down from 26.5% in 2016, Eurostat data showed. more
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Tax Agency ANAF Under Pressure To Boost Revenue By 15%
11.19.2018
The Finance Ministry is asking tax agency ANAF to improve collection (by 15.3% compared with 2017) to meet the budget revenue and deficit target. more
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Finance Minister: VAT Collection To Be “Aggressively” Pursued Until The End Of 2018
10.05.2018
Romanian Finance Minister Eugen Teodorovici said Friday that Romanian tax agency ANAF must “aggressively” pursue VAT collection to narrow the gap between collected and expected amounts, even if it more
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OTP Bank Romania 1H Adjusted Consolidated Profit After Tax Soars 59% To RON19.7M
08.13.2018
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Romania Tax Agency Collects Over RON112B in Tax Revenue in 1H/2018
07.20.2018
Romania's tax agency ANAF collected over RON112 billion in tax revenue ion the first half of the year, 13.5% higher compared to the same period last year, it said in a statement Friday. more
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Association: Effective Tax Rate In Romania Upstream Sector Falls To 13.9% In 2017
04.03.2018
The effective tax rate in Romania’s upstream sector (oil production) rose to 17.4% in 2016 and fell to 13.9% in 2017, while the average in EU countries decreased to 8.8%, according to a study more
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Deloitte: Average Royalty And Similar Tax Rate Falls To 13.9% In Romania In 2017
04.03.2018
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Government: Microenterprises Can Opt For Profit Tax Or Turnover Tax Under Certain Conditions
03.29.2018
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Former Finance Minister Ionut Misa Appointed Head Of Tax Agency
03.29.2018
Former finance minister Ionut Misa on Wednesday was appointed the head of Romania’s tax agency ANAF. more
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Ex Finance Minister Ionut Misa Proposed Head of Romanian Tax Agency
03.28.2018
Romanian finance minister Eugen Teodorovici on Wednesday proposed former finance minister Ionut Misa to head the country's tax agency ANAF. more
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Romanian Tax Authority Collected RON214.9B In 2017, Up 7.8% Vs 2016
01.19.2018
The Romanian tax authority ANAF on Friday said it collected revenues of RON214.9 billion in 2017, higher by RON15.5 billion, or 7.8%, than in 2016. more