Results 1 - 25 from 25 for "tax evasion"
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Deloitte: New Changes Regarding Fight Against Tax Evasion – Implications And Clarifying Aspects
06.27.2023
Approximately four years since the expiry of the deadline for transposing Directive 1371/2017 on combating fraud affecting the financial interests of the European Union and over a year since the more
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Survey: 70% of Romanians Feel Their Tax Money Is Wasted
07.05.2017
Seven in ten Romanians are of the opinion that most money collected from taxes are spent unjustifiably and money saved from fighting tax evasion should be spent on education, heath care and road more
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New Tax Code Could Lower Tax Evasion In Spirits Industry- Producers
07.21.2015
The new Tax Code could lower the tax evasion of over 75% in the spirits industry, without decreasing the revenues collected to the state budget, according to Spirits Romania association, which more
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Former CEO Of Siveco Romania Sentenced To Prison For Tax Evasion
07.02.2015
Irina Socol, former CEO of Romanian software developer Siveco Romania, was sentenced Thursday to three and a half years in prison for tax evasion. more
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Badin, Deloitte: Tax Hike Unnecessary If Hindering Half Of Tax Evasion
10.15.2014
Romania could become more competitive from fiscal point of view and taxes would no longer be increased if state managed to collect at least half of the amounts representing tax evasion, estimated at more
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PM: Tax Evasion In Agriculture Is Sometimes Means Of Survival
10.08.2014
A lower sales tax on bread constitutes a basis for a lower tax on other products, such as organically farmed products, meat, fruit and vegetables and tax evasion in agriculture is sometimes "a means more
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Authorities Search Lukoil Refinery In Ploiesti On Suspicions Of Tax Evasion And Money Laundering
10.02.2014
Prosecutors in Ploiesti on Thursday searched the offices of the Petrotel-Lukoil refinery in the city, on suspicions of tax evasion and money laundering amounting to around EUR200 million, sources more
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Romaqua: Romania Loses 5,000 Km Of Highways A Year To Tax Evasion
08.14.2014
The tax evasion that reached about EUR23 billion last year, or 16.2% of the gross domestic product, is robbing Romania of 5,000 kilometers of highways that it could build with this money in one year more
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Finance Minister Unhappy With Tax Collection Level, Pledges Harsh Measures
04.01.2014
Tax collection in the first three months of the year ‘was unsatisfactory,’ said Finance Minister Ioana Petrescu on ZF Live business show Monday, therefore, the minister announced “some very more
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ZF Conference: Tax Evasion A Form Of Unfair Competition. Improve Collection, Don’t Hike Taxes!
10.30.2013
The problem of tax evasion is systemic and has been perpetuated over time, affecting budget revenue collection. It has also affected honest companies, which have to compete against many players who more
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State Puts More Pressure On Tax Evaders Than On Good Payers
10.17.2013
The Romanian state’s promises and effort to bring more money to the budget ultimately translates into more pressure, though not on tax evaders, but on all those who pay their obligations to the tax more
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Fiscal Council: Tax Evasion In Romania At RON81B In 2012, Or 14% Of GDP
09.12.2013
Tax evasion in Romania climbed about 3 basis points since the beginning of the crisis to 14% of the gross domestic product in 2012, from 11.2% of the GDP in 2008, according to a report by the Fiscal more
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PwC: Lowering VAT On Bread To Reduce Tax Evasion If Complemented By Other Measures
07.30.2013
Lowering the value added tax on bread from 24% from 9% is an important step in reducing tax evasion in the bread industry and the measure should also be applied to meat, milk, sugar and vegetable oil, more
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Romania Loses EUR22B A Year To Tax Evasion
07.22.2013
Romania ranks second in Eastern Europe in terms of its underground economy, with almost EUR40 billion in absolute terms in 2013, shows a study of AT Kearney on Europe’s underground economy released more
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Romalimenta: About 90% Of Romanian Small Retail Stores Operate Illegally
10.25.2012
About nine in ten Romanian small retail stores operate on the black market, while authorities turn a blind eye to them and check only those which operate legally, Sorin Minea, head of the food more
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Former ANAF Head Criminally Investigated In Tax Evasion Case
08.01.2012
Romanian prosecutors have started criminal investigations against Sorin Blejnar, former head of tax authority ANAF, and his former adviser Codrut Marta in a tax evasion case. more
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Two ANAF Managers Arrested In Tax Evasion Case
07.26.2012
The Bucharest Court on Thursday placed tax authority ANAF deputy general manager Nicusor Dragan, ANAF acquisition manager Dan Stroe and 17 other people under preventive arrest for 29 days in a tax more
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Informal Employment Causes Losses Of EUR2.7 Bln/Year To Romania's Budget
05.28.2012
One year after the entry into force of Romania’s new Labor Code, the economy has recovered only 100,000 jobs of more than 650,000 it had lost during the crisis. However, one in three Romanians is more
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Finance Ministry Admits Agriculture Is Not Taxed, So It Cannot Raise Budget Collections
04.11.2012
After years in which the authorities and politicians have just talked about taxing agriculture, the Finance Ministry readily admits “agriculture is less taxed than the rest of economic sectors,” more
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Fiscal Authorities Freeze 3 Million Accounts For Debts Of RON10B In 2011
03.26.2012
Almost 30,000 Romanians and 240,000 companies had their accounts frozen by fiscal authorities after they failed to pay their taxes. more
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7,000 Individual Farmers Own 8% Of Romania’s Arable Land
03.15.2012
Almost 7,000 individual farmers together exploit 700,000 hectares of land, i.e. 8% of the arable land in Romania, according to data of the Agriculture Ministry. The business done by these people is more
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Ungureanu Wants Tax Evasion Crackdown To Bring EUR2B To Budget In Next Two Months
02.17.2012
Romanian Prime Minister Mihai-Razvan Ungureanu on Friday called on Cabinet ministers and heads of authorities fighting tax evasion to collect and pour into the state budget, in the next two months, more
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Government Anti-Evasion Plan: Check Large Wealth And 2006-2008 Real Estate Transactions
11.12.2011
Romania's Government will begin a "program to investigate people with large income/ wealth" next year and will check individuals involved in real estate transactions in 2006-2008, in an effort to more
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Boc Calls On Prefects To Intensify Fight Against Tax Evasion, Illegal Work
08.07.2011
Romanian Prime Minister Emil Boc on Sunday called on county prefects and work inspection chiefs to intensify the fight against tax evasion and illegal work. more
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Illegal Spirits Sales Reached About EUR750M In 2010
05.17.2011
Illegal spirits sales in Romania stood at between EUR700 million and EUR750 million last year, or 60% of the overall spirits market, according to the Garant association comprising most of the players more