Finance Ministry Undervalued Impact Of Tax Exemption On Reinvested Profit On Budget

Update 05.09.2014 By Gabriela Stan

The Finance Ministry has significantly underestimated the impact of the tax exemption on reinvested profit on the budget, at 600 million lei (EUR136 million), instead of RON2 billion, Ionut Dumitru, the president of the country’s Fiscal Council, said Friday.

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Keywords:
FINANCE MINISTRY
, TAX EXEMPTION
, BUDGET