08.08.2022

Romania's tax administration ANAF collected RON179.9 billion in tax revenue in the first half of 2022, higher by RON33.7 billion (+23.1%) than RON146.2 billion in tax revenue collected in the first more

06.28.2021

Audit, tax and advisory services company Mazars Romania posted RON43.7 million revenue last year, an increase of 25% year-on-year from the RON34.9 million of 2019, the company said in a reply to more

02.10.2020

The state budget revenue from profit tax has doubled in the past ten years, going from 10 billion lei (over EUR2 billion) to more than RON19 billion estimated for 2020. more

01.29.2020

Prime Minister Ludovic Orban continues to say that dropping the income tax exemption some IT employees currently get is a good thing and that equal fiscal treatment for all citizens and companies is a more

01.09.2019

Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the financial burden introduced by the Emergency Ordinance 118, to more

11.19.2018

The Finance Ministry is asking tax agency ANAF to improve collection (by 15.3% compared with 2017) to meet the budget revenue and deficit target. more

07.20.2018

Romania's tax agency ANAF collected over RON112 billion in tax revenue ion the first half of the year, 13.5% higher compared to the same period last year, it said in a statement Friday. more

01.19.2018

The Romanian tax authority ANAF on Friday said it collected revenues of RON214.9 billion in 2017, higher by RON15.5 billion, or 7.8%, than in 2016. more

10.05.2015

Romania's tax authority collected revenues of RON146.58 billion in January-September, 7.8% higher than in the same period last year and 0.8% higher than planned, due to improved collections in the more

01.30.2015

Romania’s tax authority ANAF collected only 50.8 billion lei (EUR11.4 billion) in VAT last year even though it had expected RON54.6 billion. VAT revenue therefore dropped in 2014 for the first time more

07.29.2014

The government came with two successive waves of taxation changes in 2013, followed by a new taxation increase in the first half of this year, but despite the new or higher taxes, the total revenue of more

05.13.2014

The difference between lower revenue reported by Google on several European markets, including Romania, and the amounts paid by companies in those countries, according to advertising agencies, is a more

11.18.2013

Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts expected more

11.07.2013

The Romanian government will lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 (RON220,000) to get more firms into the tier of businesses that pay taxes on profit, a more

05.13.2013

Romania might lower a 3% tax on revenues registered by microcap companies to 1.5% starting July, Minister for Small and Medium-sized Enterprises Maria Grapini said Monday. more

01.24.2013

Some 250,000 Romanian firms registered losses last year and the introduction of a 3% tax on revenues of up to EUR65,000 will bankrupt many of them, entrepreneurs warned Thursday. more

01.21.2013

Romanian privately-owned companies with revenues of up to EUR65,000 will pay a 3% tax on revenue reported as of February 1, 2013, according to an ordinance draft amending the Fiscal Code. more

01.21.2013

Romanian small and medium-sized enterprises owners creating new job opportunities and hiring jobless people will not receive advantageous loans or non-payable funds from the social insurance budget in more

11.14.2011

The Government expects budget revenues to grow 7% next year if the flat tax remains at 16% and VAT stays at 24% under the scenario of a 2% positive economic growth and an improvement in tax collection more