Tax Code Draft: Romania May Scrap 16% Dividend Tax As Of 2016

02.18.2015 By Ecaterina Craciun

Romania’s Government plans to eliminate the 16% income tax on dividend payments to companies’ shareholders as of January 1, 2016, in a move to avoid double taxation which is expected to crack down on tax evasion and limit the externalization of profits, according to the country's new Tax Code draft.

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Keywords:
DIVIDENDS
, TAX
, TAX CODE DRAFT