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Results 201 - 225 from 457 for "tax"

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  • Tax Code Draft: Micro-Enterprises With No Employees To Pay Extra Tax

    02.18.2015

    Micro-enterprises will have to pay a tax even if they don't have any employees and firms with one or more employees will pay 3% and 1% of their turnover, respectively, while firms with no employees more

  • Tax Code Draft: Romania To Lower VAT To 20% Next Year, To 9% On Meat, Fish, Fruit And Vegetables

    02.18.2015

    Romania's government plans to lower the value added tax from 24% to 20% as of next year and to 9% on food items such as meat, fish, fruits and vegetables, according to the country's new Tax Code more

  • PwC: Tax Authority Must Come Up With Voluntary Compliance Program

    02.11.2015

    Taxpayers in Romania need the tax authority to instate a program for the voluntary statement of income, including past income, that doesn't aim to penalize but to recover back taxes, PwC Romania more

  • Government Collected RON4B Less VAT Than Planned In 2014

    01.30.2015

    Romania’s tax authority ANAF collected only 50.8 billion lei (EUR11.4 billion) in VAT last year even though it had expected RON54.6 billion. VAT revenue therefore dropped in 2014 for the first time more

  • Card Payments For Local Taxes Rose 31% In 2014, To RON175M

    01.22.2015

    Payments of local taxes by card rose 31% in 2014 in Romania, to around RON175 million, as online payments more than doubled, Visa Europe announced Thursday. more

  • BCR Does Not Rule Out Other Tax Hikes Except For Income Tax In Romania This Year

    01.20.2015

    BCR analysts do not rule out other tax hikes in Romania this year, except for the income tax, and remain skeptical about future budget execution and the country’s ability to meet the structural more

  • Nuclearelectrica To Pay RON60M Special Construction Tax This Year, Down 32%

    01.15.2015

    Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) will pay a special construction tax of around RON60 million (EUR13.3 million), 32% lower than in 2014, as the tax was lowered from more

  • Excises To Be Expressed In Lei As Of Next Year, Under Tax Code Amendment

    12.10.2014

    The Romanian government on Wednesday adopted an amendment to the Tax Code whereby the level of excises will be expressed in lei as of next year and indexed for inflation annually as of 2016. more

  • Cegedim Revises Pharma Market Forecast Considering “Harsher Cold Season”

    12.09.2014

    Market research company Cegedim Romania changed its outlook about the trend of the drug market in 2014, from a negative one to one of slight growth. more

  • Excise Levels To Be Expressed In Lei, Indexed For Inflation As Of 2016 - Draft

    12.05.2014

    The level of excises will be expressed in lei as of next year and indexed for inflation annually as of 2016, according to a draft amending the Romanian Tax Code. more

  • Business Sector: Come Up With A Budget And Keep The 5% Social Security Tax Cut In 2015

    11.18.2014

    Romania has elected a new president, Klaus Iohannis, but has the same government led by Prime Minister Victor Ponta, and no budget for next year. A budget, which, regardless of how it is devised, will more

  • EXCLUSIVE: Romania May Introduce Progressive Income Tax Rate As Of 2016

    11.13.2014

    The Romanian government is considering discarding the 16% flat tax rate, starting 2016, and introducing progressive income tax rate of 15%, 25% and 35%, respectively, as per a document drawn up by the more

  • PM: Romania To Keep Flat Tax Unchanged By 2016 Parliamentary Elections

    10.28.2014

    Romania will keep the 16% flat tax unchanged until the parliamentary elections in 2016, then the winners of the elections will decide on the issue, Prime Minister Victor Ponta stated Tuesday. more

  • Tax Authorities' Attitude Hinders Improvement Of Romania's Economic Competitiveness

    10.16.2014

    The attitude of tax authorities in Romania has been unmindful of the business sector and is now anti-business. This relationship between the tax authorities and the local business sector, the frequent more

  • Badin, Deloitte: Tax Hike Unnecessary If Hindering Half Of Tax Evasion

    10.15.2014

    Romania could become more competitive from fiscal point of view and taxes would no longer be increased if state managed to collect at least half of the amounts representing tax evasion, estimated at more

  • PM: Tax Evasion In Agriculture Is Sometimes Means Of Survival

    10.08.2014

    A lower sales tax on bread constitutes a basis for a lower tax on other products, such as organically farmed products, meat, fruit and vegetables and tax evasion in agriculture is sometimes "a means more

  • Romania Tax Revenues Slightly Above Plan After 9 Months

    10.03.2014

    The Romanian tax authority ANAF collected revenues of 135.98 billion lei (EUR30.8 billion) in the first nine months, 0.5% above the planned amount, the institution said in a news release Friday. more

  • Authorities Search Lukoil Refinery In Ploiesti On Suspicions Of Tax Evasion And Money Laundering

    10.02.2014

    Prosecutors in Ploiesti on Thursday searched the offices of the Petrotel-Lukoil refinery in the city, on suspicions of tax evasion and money laundering amounting to around EUR200 million, sources more

  • All Special Constructions Should Be Subject To Tax Cut From 1.5% To 1% - Energy Minister

    09.30.2014

    All special constructions should be subject to tax cut from 1.5% to 1%, with no exception for the oil wells in the Black Sea, energy minister Razvan Nicolescu told "Mediafax Talks about Energy-XII" more

  • Tobacco Producers Fear New Excise Hikes

    09.25.2014

    Tobacco producers fear new excise hikes as of next year, either by moving up the harmonizing calendar or by changes in the calculation methodology of the currency exchange rate used to calculate more

  • President Signs Tax Amnesty Bill Into Law

    09.23.2014

    Romanian President Traian Basescu signed Tuesday into law a bill that exempts pensioners and parents on parental leave who received higher state allowances from paying that extra money back. more

  • Tax Authority Sends Letters Instead Of Focusing On Tax Collection Improvement

    09.23.2014

    The tax authority, the institution that should make sure the government collects all the due taxes, has turned overnight into a sender of letters informing taxpayers that they are eligible for an more

  • Romania To Lower Special Construction Tax From 1.5% To 1% Of Construction Value - PM

    09.04.2014

    Romania's tax on special constructions, introduced earlier this year, will be lowered from 1.5% to 1% of the construction value, and the tax revenues will be placed at the disposal of local more

  • Hotels Could Benefit From Lower Profit Taxes And Social Security Contributions

    09.03.2014

    Hotel businesses could benefit from several tax incentives, including a lower tax on profit and lower social security contributions, and could get state guarantees for investment loans, according to a more

  • Romaqua: Romania Loses 5,000 Km Of Highways A Year To Tax Evasion

    08.14.2014

    The tax evasion that reached about EUR23 billion last year, or 16.2% of the gross domestic product, is robbing Romania of 5,000 kilometers of highways that it could build with this money in one year more

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