Analysts Warn Tax on Turnover Could Render 30% of Companies Insolvent

07.03.2017 By Oana Gavrila

One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts.

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Keywords:
STUDY
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