fiscal code

Romanian Govt Convenes Thursday To Approve Tax Code Amendments

14:19, 22 Dec. 2010
The Romanian Government will convene on Thursday to approve some amendments to the Fiscal Code that aim to bring excises in line with European Union regulations, Finance Minister Gheorghe Ialomitianu said Wednesday.

Romanian Senate Introduces Special Income Tax Deductions For People With Low Income

15:03, 15 Sept. 2010
Romanian senators Wednesday adopted a draft law amending the Fiscal Code, whereby people whose monthly gross income does not exceed 1,000 lei (EUR1=RON4.2394) will enjoy overall income tax deductions, depending on the number of people in their care.

Romanian Employers To Pay Social Security Contributions For Copyright Income – Minister

16:33, 01 Sept. 2010
Romania’s Government will change the applicationnorms for Ordinance 58/2010, regarding social security contributions from copyright, so that the employer, and not the employee, will be required to file the statement and pay the contribution, Environment Minister Laszlo Borbely said Wednesday.

Romania’s Decree Extending Tax Pool Not Directed Against True Creators – PM

12:44, 27 Aug. 2010
Romanian Prime Minister Emil Boc said Friday he is willing to hold talks with freelancers, who said they will stage protests and will not pay the new taxes on income gained from copyright, in order to make them understand that the amendments to the Tax Code are not directed against “true creators.”

Romanian Govt Approves Fiscal Code Application Norms

19:24, 02 Aug. 2010
Romania’s Government approved Monday the application norms for recent amendments to the Fiscal Code, which extend the tax pool and introduce social security contributions for income gained from copyright.

Romanian Govt Postpones Adoption Of Fiscal Code Norms For Next Week

18:40, 28 Iul. 2010
Romania’s Government decided Wednesday to delay the adoption of the application norms for recent amendments to the Fiscal Code, which extend the tax pool, and submit them to public debate, with a view to adopting the norms on August 2.

Romanian Govt To Give Consumers Partial Refund In Exchange For Receipts

14:03, 24 Iul. 2010
Buyers of goods and services will receive a partial refund from the state, in exchange for their receipts, and will also enjoy tax deductions for home improvement work, up to a yearly ceiling yet to be decided by the Romanian Government.

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

19:18, 01 Iul. 2010
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.

Romanian Govt To Reconsider Taxation Of Handicapped Individuals

09:11, 25 Mart. 2010
The Romanian Government will reconsider the decision to tax people with severe or incapacitating handicaps and will establish that the income from wages obtained by this category does not count as salary and is not taxable, as they were under the system applied before the end of 2009.

Romanian Govt To Hike Over Six Times Vessel Taxes By Amending Fiscal Code

19:08, 24 Mart. 2010
The Romanian Government will amend the Fiscal Code to increase over six times annual taxes collected by local authorities on sports and voyage vessels.

Romanian Senators Vote To Allow VAT Payment 30 Days From Cashing Invoices

21:08, 22 Mart. 2010
Romania’s Senate approved Monday a draft law to amend the Fiscal Code, whereby companies will have to pay VAT within a maximum of 30 days from cashing invoices.

Romanian Democrat Liberal Senators Propose Draft Law To Amend Fiscal Code

15:07, 28 Feb. 2010
Several Romanian democrat liberals proposed a draft law to amend the Fiscal Code so that companies that signed service contracts with the state should pay the value added tax only after the state pays back the money owed for the respective services, said democrat liberal senator Orest Onofrei.

Romanian Govt To Modify Fiscal Code, Introduce Tax Exempt For Reinvested Pft – PM

21:14, 29 Ian. 2009
The Romanian government will modify the fiscal code and approve through an emergency ordinance the absolving of reinvested profit taxation and the compensation of the value added tax, or VAT, with the reimbursed sums from the state through VAT, Prime Minister Emil Boc said Thursday.

Romania Adjusts Taxation Of Dividends At 10% For Residents, Non-Residents As Of Jan 1, 2009

11:59, 25 Iun. 2008
Romania’s tax per dividends will be adjusted, starting Jan 1, 2009, at 10% for both residents and non-residents, the government decided Tuesday in an emergency ordinance amending the Fiscal Code, following a letter of formal notice from the European Commission.

Romania’s Govt Leaves 2009 Fiscal Code Almost Unch – FinMin

14:21, 22 Mai 2008
Romania’s Government plans to leave almost unchanged the country’s Fiscal Code in 2009 and continue its lax fiscal policy, the Romanian Finance Minister Varujan Vosganian said Thursday.

Romanian Senate Rejects President’s Request To Revise Fiscal Code Amendments

14:11, 31 Oct. 2007
Romania’s Senate on Wednesday rejected a request submitted by President Traian Basescu regarding the reexamination of several amendments to the Fiscal Code Law.