flat tax

IMF Confident Romania Won’t Enact Income Tax Cut

16:21, 24 Nov. 2010
The International Monetary Fund Wednesday expressed concerns over Romanian Senate’s recent vote to lower the income tax rate to 10% from 16%, saying it expects the authorities will ensure the “unfunded” tax cut will not be enacted.

Romanian Fiscal Council Says Lower Flat Tax To Endanger Deficit Targets

14:44, 24 Nov. 2010
Romanian parliament-appointed Fiscal Council Wednesday criticized the Senate’s decision to lower the flat tax rate to 10% from 16% currently, saying the measure would endanger the medium-term budget deficit targets.

Romanian Govt Based 2011 State Budget On 16% Flat Tax, Doesn’t Endorse Lower Tax

13:50, 23 Nov. 2010
Romanian Finance Minister Gheorghe Ialomitianu said Tuesday after the Senate voted to lower the flat tax on income to 10% from 16% that the Government is drafting the state budget for next year based on the 16% rate.

Romanian Senate Adopts Bill Setting Flat Tax At 10%

12:39, 23 Nov. 2010
Romania’s Senate adopted Tuesday with 45 to 31 votes and eight abstentions a draft law drawn up by ruling democrat liberals, which reduces the flat tax to 10%, from 16%.

Romania To Leave Flat Tax Rate Unchanged At 16% Until 2013

21:28, 15 Sept. 2010
Romanian government plans to keep the flat tax rate unchanged at 16% at least until 2013, according to the country’s three-year fiscal strategy approved Wednesday.

Romanian PM Assures 16% Flat Tax Remains Unchanged For The Moment

16:00, 18 Iul. 2010
Romania’s Government currently has no plans to either increase, lower or eliminate its 16% flat tax, although it is considering different scenarios, Prime Minister Emil Boc said Sunday.

Romanian PM Bans Ministers From Speaking Publicly On Topics Without Govt Approval

16:34, 13 Iul. 2010
Romanian Prime Minister Emil Boc said Tuesday the finance minister’s public statements about the introduction of a progressive taxation system as of next year was not considered and approved by the Government and banned ministers from speaking publicly about unapproved issues.

Romania Fin Min Says Flat Tax Up For Revision At 2011 Budget

14:27, 29 Iun. 2010
Romania’s 16% flat tax level could be revised at the 2011 budget, Finance Minister Sebastian Vladescu said Tuesday, adding that a progressive taxation on income may be introduced as of next year as well.

Romania Should Keep Flat Tax, VAT Unchanged – Fmr PM

14:26, 25 Apr. 2010
Romania’s former prime minister Calin Tariceanu said Sunday on Pro TV the current Government would be very wrong to discard the flat tax or raise the VAT in its endeavor to fight the economic crisis.

Flat Tax Might Be Reduced In 2011 If Romania Resumes Economic Growth – President

19:00, 14 Nov. 2009
Romanian President Traian Basescu said Saturday, during a debate held in Cluj-Napoca, northwestern Romania, the flat tax might be reduced from 16% to 14% in 2011 if Romania resumes economic growth.

Romanian Govt Not Currently Planning To Hike Flat Tax, VAT -Fin Min

12:09, 01 Iul. 2009
The Romanian Government does not currently plan to hike the flat tax or the value added tax VAT, minister of Finance Gheorghe Pogea said Tuesday evening, saying he has not talked to fiscal advisors on this issue.

Romania To Keep Flat Tax, Introduce Fiscal Exemptions For Poor People – Designated PM

20:13, 22 Dec. 2008
Romania’s designated Prime Minister Emil Boc said Monday the flat tax will be maintained, but a series of fiscal exemptions will be introduced for underprivileged categories, thus rejecting the accusations of now outgoing Prime Minister that the new ruling will leave out the flat tax.