07.31.2013

Romania should consider a package of tax measures rather than single-oriented actions if it wants to amend its tax laws, so that the overall impact on the system may be assessed thoroughly, the head more

07.17.2013

Businesspeople and foreign investors in Romania have submitted a series of propositions to the country’s Finance Ministry meant to improve the Tax Code and support the local business environment. more

01.22.2013

Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation more

01.10.2013

Romania’s Fiscal Guard, Fiscal Inspection, the customs authority and the anti-fraud body will be reorganized into a single structure which will carry out company checkups regularly, Finance Minister more

01.09.2013

The Romanian Government Wednesday approved the ordinance stating local authorities may decide whether or not to increase local taxes in 2013. more

10.04.2012

Romania may not increase local taxes for 2013 as the legislation states they may only be altered at least six months before the beginning of the year, Romania’s Interior Minister Mircea Dusa said more

07.02.2012

Insurers and providers of private healthcare in Romania think that stipulating fully deductible private health insurance in the Tax Code is key to the continuation of reform in the healthcare system, more

05.30.2012

Romania's Government has issued an ordinance whereby self-employed people and micro-enterprises with turnover below EUR65,000 per year will be exempt from paying VAT. more

05.30.2012

A bill put forward to the Romanian Senate says employers who hire young people under 25 for at least three years would pay only 50% of their social contributions. more

05.22.2012

The turnover ceiling above which Romanian companies have to pay value added tax will be hiked to EUR65,000 and the right to sales tax deductions on car purchases will be limited and, in some cases, more

01.27.2012

The republishing of the Tax Code, long awaited and expected for this year, will not take place within the next 2-3 years, believes Alex Milcev, Fiscal Assistance Partner at audit and consultancy firm more

01.25.2012

Romanian tax authority ANAF must refund in five days the money seized through distraint orders which exceeds contributors’ debts to the state, the Government said in a press release Wednesday. more

01.25.2012

Romania's Government has announced that income from the sale of scrap to scrapyards will be considered "income from miscellaneous sources" and will be subject to a 16% tax. more

12.28.2011

The Romanian Government approved the new Tax Code, which raises excise duties on diesel fuel and property taxes for companies that failed to reevaluate their buildings over the past years, people more

12.27.2011

Raising the excise tax on diesel oil and property taxes for companies that failed to reevaluate their buildings over the past years are some of the provisions stated in Romania’s new Tax Code to more

10.04.2011

Romania's Tax Code is considered unstable by most companies operating in the region and does not allow the creation of coherent long-term business strategies, says a study carried out in Bulgaria, the more

09.09.2011

Romanian employers called on Prime Minister Emil Boc to allow small companies to pay profit taxes annually, not quarterly, and raise the annual income cap for which value added tax is paid from more

09.01.2011

Individual taxpayers with debts to the state will also be cleared of penalties if they pay their obligations by the end of the year, said Romanian Finance Minister Gheorghe Ialomitianu. more