Romania’s Tax Changes Will Lower Consumption, Hurt Retailers’ Business And Investments

11.13.2013 By Oana Gavrila

Romania’s new tax changes will lower people’s income, as they will ultimately pay for the tax hikes, affecting retailers’ business and investments, and the measures are set to backfire as state budget collections will decline, Romanian retail association AMRCR said in a press release Wednesday.

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Keywords:
RETAILERS
, TAXES
,