Analyst: 1% Tax On Turnover To Affect Nine In Ten Firms In Romania; 112,000 Jobs Could Be Lost

10.30.2017 By Ecaterina Craciun

90% of firms active in Romania will be affected by the planned 1% tax on turnover, a measure which brings a reduction of RON631 million in taxes paid, and could trigger the loss of 112,153 jobs, Iancu Guda, president of the Association of Financial-Banking Analysts, said Monday.

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Keywords:
FISCAL MEASURES
, IMPACT
, COMPANIES