Romania To Keep High Taxes On Multiple Homes Into Next Year

Romania's Government will keep the higher taxes paid by owners of two or more buildings into 2012, after a law approved by the Parliament limited their application to this year.

59 views

The ordinance drafted by the Finance Ministry, which amends the Fiscal Code, creates the legal framework for the taxes' continued application after December 31, 2011.

In 2010, the Government doubled the tax on vehicles with an engine capacity of more than 2,000 cc and raised the taxes paid by owners of multiple buildings by 65% for the first building other than their residence, by 150% for the second such building and by 300% for subsequent buildings.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.