Results 1 - 25 from 48 for "taxation"
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Association: Tax Hikes, Unpredictable Taxation Hinder Local Investments, Affect Local Value Chains, Favor Imports
06.10.2025
The Brewers Of Romania Association, representing 90% of the national beer market, raises awareness about the importance of real predictability in fiscal policy, which is a prerequisite for business more
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Alro Slatina Sues Romania's Tax Authority And Finance Ministry Over Additional Taxation Decision Of RON13.6M
12.17.2024
Aluminium producer Alro Slatina (stock symbol: ALR) has announced in a stock market report on Dec.17 that following an audit carried out between 2023-2024 by Romania's tax administration ANAF, more
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IMF Praises Romania Economic Growth Efforts In 2023; Recommends Tightening Fiscal Policy Further
12.08.2023
After praising Romania’s efforts for economic growth in 2023 and fiscal attempts to reduce the budget deficit, the International Monetary Fund (IMF) states in a report on this year’s conclusions more
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FIC: Disproportionate Taxation Of Large Taxpayers Threatens The Ability Of The Economy To Recover
09.21.2023
The Foreign Investors Council (FIC) warns of the recent proposals for tax changes, which not only substantially change the tax legislation and introduce a series of new taxes or increases, but also more
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Romanian Senate Passes Bill Simplifying Taxation Of Individual Investors On Capital Market
02.02.2022
The Romanian Senate adopted on Wednesday (February 2) a legislative proposal aimed at simplifying the taxation of capital market investors, but the Chamber of Deputies is decider on the matter. more
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Worst Hit Companies If Income Tax Exemption for Programmers Is Dropped
06.06.2019
Oracle, IBM, Ericsson, Endava, Luxoft and Nokia, which have thousands of employees in the biggest cities in Romania will have to increase their salary budgets by 10% if the tax exemption for more
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Romanian Government Adopts Decree Reducing VAT for Organic, Traditional Foods
05.15.2019
The Romanian government adopted on Tuesday an emergency decree which reduces the value-added tax rate from 9% to 5% for organic, traditional, and mountain-area food products. more
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Banca Transilvania: New Tax Is Nationalization Of Profits
01.17.2019
Banca Transilvania, the largest bank in Romania, following its merger with Bancpost, issued its first and also highly critical statement in response to the government’s decision to levy additional more
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Romania's Fiscal Instability, Main Challenge for Businesses in 2019
01.11.2019
Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania, according to the KeysFin Business Focus 2019 barometer released more
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Govt Preparing Legislation on Fiscal Consolidation Intra-Group Profits
12.06.2018
The fiscal consolidation of profits and losses of companies part of the same group, differentiated VAT for vouchers and elimination of the split VAT system are but some of the most important fiscal more
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Companies Enter 2019 Without Law on Transfer of Social Security Contributions from Employer to Employees
12.03.2018
The first year of implementation of the ordinance transferring social security contributions from employer to employee (No. 79/2017) illustrates un abnormal situation on the labor market, as some more
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Romania Supports Anti-VAT Fraud EU Directives
07.13.2018
Romania’s Finance Ministry announced that it supported two proposed EU directives designed to fight against VAT fraud during Friday’s ECOFIN meeting. more
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Government Wreaks Havoc In Business Sector With Proposed Tax Changes
10.30.2017
Tension between government and the business sector is mounting alarmingly fast after the Finance Ministry announced significant changes of the fiscal legislation at the end of last week: 1% tax on more
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Foreign Investors Council: Predictability Is Crucial to Economic Development
07.05.2017
The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabilizing more
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PwC: Romania Needs New Car Taxation System For National Car Fleet Renewal
04.14.2016
The total number of active cars in Romania rose 21% between 2008 and 2014, to 4.9 million cars, but the hike was mostly triggered by used car imports, according to a study by PwC Romania. more
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New Taxation System For Hydrocarbon Production Inapplicable As Of January 2016 - Companies
09.16.2015
The new taxation system for hydrocarbon production will not be applicable as of January 1, 2016, as it takes procedures which require a longer time, according to the representatives of the Romanian more
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Finance Minister Says Progressive Taxation Technically Impossible In Next 2 Years
03.05.2015
Romania’s Government is not considering introducing the progressive income taxation, at least not in the next two years, because the application used by the tax authority ANAF prevents it from more
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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
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CIS: Investors Fear Higher Taxation In 2015 To Offset Social Security Tax Cut
09.23.2014
Investors will not assign resources immediately, as 3 months of social security tax cut does not represent a reliable measure, while the private sector fears that in 2015, the state will increase more
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CEZ Romania: Tax Burden On Business Too Heavy
05.27.2014
Burden on business in Romania is too heavy and the authorities keep raising the tax levels, an official of utility CEZ Romania said Tuesday. more
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Romanian State Plays Dishonesty In Economy By Taxation - Employers' Confederation
05.06.2014
Romanian state should be a player in the economy that follows the competition regulations, while it plays dishonesty in economy by means of taxation, Adrian Manolache, member in Concordia Employers' more
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JLL: Potential Flat Tax Increase To Affect Romania’s Competitiveness
10.29.2013
A potential increase in Romania’s flat tax will affect the country’s competitiveness and its negative impact will not be compensated by a decrease in the value added tax (VAT), Gijs Klomp, more
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Voinea: Romania Won’t Raise Taxes, Contributions On Copyright, Self-Employment Income
09.13.2013
The Romanian Government does not plan to increase taxes or social security contributions on intellectual property and self-employed income, the Minister-delegate for Budget Liviu Voinea said Friday, more
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Romania Plans To Keep Reverse Taxation On Cereal Until At Least 2018
08.09.2013
Reverse taxation on cereal trade will no longer be limited in time, as the Romanian government has repealed a legislative provision setting the system would expire on May 31, 2014. more
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Indirect taxes
08.02.2013