Government Wreaks Havoc In Business Sector With Proposed Tax Changes

10.30.2017 By Georgiana Mihalache , Sorin Pâslaru

Tension between government and the business sector is mounting alarmingly fast after the Finance Ministry announced significant changes of the fiscal legislation at the end of last week: 1% tax on revenue for the companies with up to EUR1 million revenue, new taxation of sole traders, changes to taxation of cross-borders companies.

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Keywords:
taxation
, changes
, business sector