EXCLUSIVE: Romania Lowers Revenue Cap For Micro-Enterprises Exempt From Profit Tax As of 2014

11.07.2013 By Oana Gavrila

The Romanian government will lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 (RON220,000) to get more firms into the tier of businesses that pay taxes on profit, a measure to be enforced as of 2014.

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Keywords:
MICRO-ENTERPRISES
, REVENUE
, TAX CODE