bank deposits

Romania Fin Ministry: 16% Bank Tax Targets Income After July 1

Revenues obtained before July 1 from bank deposits will not be taxed with 16% under the new fiscal measures, only the income obtained after July 1, according to the Romanian Finance Ministry.

Romanian Govt To Hike Corporate Deposits Guarantee Limit To EUR50,000

The Romanian Government will hike the guarantee threshold for companies' bank deposits to EUR50,000 from EUR20,000, after it increased the guarantee ceiling for household deposits in October.