Romanian Local Authorities To Keep Money From Fines Applied To Companies – Governing Program

Romania’s future Government will increase local budgets by giving local authorities the right to keep the money from fines applied to companies and reassess taxes on buildings in the areas they administer, according to their market value.

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The governing program submitted to Parliament Sunday shows local authorities are given the right to change local tax levels.

The program also includes local budget increases by giving local authorities the right to keep the money from fines applied to companies, as in the case of private entities.

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