taxation

Romania’s Fiscal Instability, Main Challenge for Businesses in 2019

17:28, 11 Ian. 2019
Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania, according to the KeysFin Business Focus 2019 barometer released Friday.

Foreign Investors Council: Predictability Is Crucial to Economic Development

17:22, 05 Iul. 2017
The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabilizing effect on the economy and only serve to dent the trust of existing and future investors

EC Taxation Dept Supports Romania’s Request for Reverse Taxation For Cereal

14:39, 13 Ian. 2011
The European Commission's Directorate-General for Taxation and the Customs Union supports Romania's request to apply reverse taxation on cereal and will forward the paperwork to the Council of the European Union for approval, said Sorin Blejnar, head of Romania's tax authority ANAF.

Romania Fin Ministry Updates Norms For Tax On Interest Income

16:30, 07 Iul. 2010
Romania’s Finance Ministry on Wednesday updated earlier announced norms for the freshly introduced 16% tax on earnings from deposit interests, allowing banks to tax only the income obtained after July 1.

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

14:33, 06 Iul. 2010
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 Transporters Ask Govt To Diversify Profit Taxation

16:02, 30 Iun. 2010
Romanian transporter federation FORT asked the Government to tax profit in differentiated manner, with 10% to 30%, in order to stimulate production and ease the crisis.

Romania Won’t Raise Taxation, But Enlarge Tax Pool – Econ Min

11:24, 27 Mai 2010
Romania’s government won’t increase taxation, but will enlarge the tax base, as some economic sectors are currently untaxed, Economy Minister Adriean Videanu said Thursday.

Romania Needs To Expand Taxation Pool – Fin Min

14:48, 21 Apr. 2010
Romania’s Finance Ministry will analyze the possibility to expand the general taxation pool, minister Sebastian Vladescu said Wednesday.

Romania Has No Plans To Tax Pensions – Finance Minister

14:46, 22 Feb. 2010
Romania’s Finance Ministry doesn’t plan to tax pensions and it isn’t planning a public debate on the matter, Finance Minister Sebastian Vladescu told MEDIAFAX Monday.

Romania Taxing Property At Real Value Is Imminent

15:01, 16 Feb. 2010
Taxing property at its real value, as Romania’s Finance Ministry is planning, is imminent because the country needs to bring in money to the budget and necessary to avoid raising other taxes, Adrian Crivii, general manager of evaluation and advisory company Darian, said Tuesday.

Romanian Social Democrat Says Taxes Should Not Be Hiked

19:50, 12 Oct. 2009
Romanian social democrat leader and presidential hopeful Mircea Geoana told a group of foreign investors that the current flat tax has reached its limits but he would not increase taxes in this economic context scarred by the crisis.

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.

EU Warns Romania Over Discriminatory Dividend Taxation

18:29, 06 Mai 2008
The European Commission on Tuesday sent a letter of formal notice to Romania about its tax rules, under which dividends paid to foreign companies (outbound dividends) may be taxed more heavily than dividends paid to domestic companies (domestic dividends).

Romanian Liberals Take Arms Against Bureaucracy, Taxation

13:49, 03 Feb. 2008
Romanian National Liberal Party vice president Varujan Vosganian stated that the party enacted a resolution through which it vows to accelerate and complete the program for the reduction of bureaucracy and taxation in 2008.