06.03.2013

Romania’s Government is set to adopt an emergency decree Tuesday taxing by 85% the severance pay of former members of institutions reorganized into the country’s Financial Supervisory Authority, more

05.13.2013

Romania’s planned lump-sum tax will be computed as a fixed amount in ratio with certain indicators for each field of activity, Romanian Minister-delegate for Tourism and Small and Medium Enterprises 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

04.25.2013

Romanian Prime Minister Victor Ponta said Thursday he will appoint Gelu Stefan Diaconu to the position of head of the country’s tax authority ANAF. more

04.22.2013

Romania’s Environmental Fund budget this year includes 400 million lei (EUR92 million) to cover refund claims on car taxes, Finance Minister Daniel Chitoiu said Monday. more

04.16.2013

The Bucharest Court of Appeals cancelled a payment notification issued by the National Health Insurance House (CNAS) whereby pharmaceutical company Johnson&Johnson Romania had to pay clawback tax more

04.10.2013

Romania’s tax authority ANAF collected total taxes of 27 billion lei (EUR6.15 billion) in the first three months of 2013, up 6.5% compared with the similar interval a year ago, thanks to higher VAT more

04.09.2013

Romania’s tax authority ANAF will take over an overdue debt of 119 million lei (EUR27 million) state-run railway operator CFR has to privatization authority AVAS, and then rail carrier CFR Marfa more

02.27.2013

Restructuring tax authority ANAF may increase Romania’s tax collection rate by 5%-6% of the gross domestic product, from 31-32% of the GDP currently, according to the American Chamber of Commerce in more

02.19.2013

The Romanian Government approved Tuesday a new car tax system to be levied upon vehicles registration as of March 15, replacing the current tax, sources close to the issue said. more

02.18.2013

Romgaz and BNR (Romania’s central bank) are the only Romanian entities among the ten largest taxpayers in this country. more

02.15.2013

The special tax introduced by the Romanian government for drilling and exploitation activities of natural resources, except for gas, will be applied also to the resources exploited prior to February more

02.13.2013

Romania’s Government will approve a new car tax system though an emergency ordinance Tuesday, Prime Minister Victor Ponta said Wednesday. more

02.05.2013

The Romanian Constitutional Court, CC, decided Tuesday the Government emergency ordinance on the clawback tax is partially unconstitutional on being levied a double tax on medical drugs. more

02.04.2013

Romania has a relatively low tax on profit, of 16%, compared to the United Arab Emirates, which claimed the highest corporate tax rate (55%) last year, but needs to improve its fiscal stability, more

01.30.2013

Tax collection level in Romania is well below the numbers seen in other European Union and a higher collection rate, of around 90%, would help improve the fiscal environment, consultancy and audit more

01.29.2013

The representatives of the Romanian Association of Road Transporters in Constructions (ATRC) on Tuesday said the draft decree levying a special tax of 0.5% on the revenues of companies exploiting and more

01.29.2013

The environmental stamp duty computational formula complies with the requirements of the European Commission and will help reduce imports of polluting cars, says Brent Valmar, vice-president of the more

01.25.2013

Enel, E.ON, CEZ and Electrica will pay a lower amount according to the final version of the tax on monopoly they have on Romanian energy distribution networks than ZF calculated based on the initial more

01.24.2013

Romanian farmers who obtain income from animal breeding will pay a 16% tax charged on the annual net income, according to a government decree amending the Tax Code, which will take effect on February 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

01.24.2013

Romania’s Government has approved the granting of tax incentives for research-development activities in Romania, other European Union member states and states in the European Economic Area, the more

01.24.2013

The 11th modification of the car pollution tax and its change into an environmental stamp duty will encourage imports of old, polluting cars, while sales of new cars will continue to decline, players more

01.23.2013

Romania will not levy a tax on financial transactions but will neither set against the initiative of the European Union’s countries that wish and support this tax, according to secretary of state more

01.23.2013

Romania’s Government proposes a new formula to compute the car pollution tax, which increases by about 10% the sum to be paid for Euro 4 and Euro 3 cars, and lowers by 60% to 90% the tax to be paid more