AmCham: VAT Cut, Beneficial For Business Environment, But Problematic For State Budget

10.25.2016 By Ecaterina Craciun

Romania is facing problems with collecting taxes and fees, as the share of budget revenues in the GDP stagnated at 30%-31%, on the backdrop of a need to speed up the reformation of the tax authority ANAF, said Ionut Simion, president of the American Chamber of Commerce in Romania (AmCham Romania).

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Keywords:
VAT
, BUDGET
, TAXES