Romanian Press Club, Press Employers To Do Their Utmost To Have Copyright Tax Norms Amended

The Romanian Press Club (CRP) and the Romanian Press Employers (PPR) disapprove of the authorities’ decision to collect social security contributions for income gained from copyright starting July 1, as the decision will have a serious impact on journalists.

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Imaginea articolului Romanian Press Club, Press Employers To Do Their Utmost To Have Copyright Tax Norms Amended

Romanian Press Club, Press Employers To Do Their Utmost To Have Copyright Tax Norms Amended

The CRP and the PPR said in a press release Thursday that the measure, which has no real effect on the state budget, will only strike a blow against the mass-media industry. The two institutions also said that applying social security contributions for income gained from copyright will lead to layoffs and salary cuts.

According to the press release, the two institutions believe the Government's intention is to bankrupt the mass-media industry by applying groundless economic measures, as payback against certain media groups.

The CRP and the PPR will take all possible measures to have copyright tax regulations targeting journalists amended, the press release reads.

Romania's Government approved last week an ordinance amending the Fiscal Code, which introduces a series of additional taxes and duties to be levied as of July 1.

One of the amendments to the Fiscal Code stipulates freelancers will be equally liable for the due social contributions and taxes as the companies they work with, provided their earnings are included in the salary category. The stipulation also covers copyright, which were reclassified as income from salary.

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