Coface: Romania’s Tax Code Amendments For Micro-Enterprises To Trigger More Insolvencies

01.23.2013 By Ecaterina Craciun

Romania’s recent amendments to its Tax Code, which compel companies with revenues up to EUR65,000 to pay a 3% income tax, will trigger an increase in the number of insolvencies for this type of companies, according to Coface rating agency.

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Keywords:
INSOLVENCIES
, COFACE
,