12.15.2011

The Romanian Chamber of Deputies on Thursday adopted a bill on the car pollution tax, which amends the first registration tax criticized by the Court of Justice of the European Union. more

12.15.2011

Romania has one of the highest corporate and personal income tax rates in central and eastern Europe, second only to neighboring Hungary, a survey from tax advisory firm Accace showed Wednesday. more

12.12.2011

Over 200,000 Romanians who invest in mutual funds or on the stock exchange have to go five times a year to fiscal agencies to submit income statements for amounts often of no more than 10 lei. more

12.06.2011

The Romanian Government on Tuesday decided to change the formula used to compute the clawback tax imposed on drug producers, by implementing a system to consider producers’ market share and the more

12.06.2011

The Romanian Government is looking into raising the minimum wage from 670 lei (EUR154) to 700 lei (160), and eliminating the income tax for people who earn RON700 - RON1,000, Prime Minister Emil Boc more

12.04.2011

Taxes owed by Romanian landowners will be withheld and transferred to the budget by the tenants, and the owners will not have to file a statement on their income from rents if they choose for their more

12.04.2011

All small Romanian producers of vegetables, fruit, flowers, cereal and wood will pay a tax of 16% on net income, while livestock farmers, beekeepers and silkworm farmers who do not sell to collectors more

11.14.2011

Romanian homeowners who let between one and five rooms to tourists will be able to declare their income and pay taxes without registering as self-employed persons, according to a draft amendment to 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

11.12.2011

Romanian companies will again be able starting next year, after a three-year ban, to deduct fuel expenses for vehicles with nine or fewer seats, destined exclusively for passenger transport, as well more

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

11.11.2011

Officials with Nokia Romania said Friday they are working with authorities to analyze the situation and reach a satisfying outcome after the tax authority impounded its assets over a $10 million debt more

11.11.2011

Romania’s tax authority ANAF impounded Nokia’s assets in Jucu, northwestern Romania, for a $10 million debt the Finnish mobile giant has amassed in unpaid custom taxes, ANAF chief Sorin Blejnar more

11.01.2011

The new annual authorization taxes paid by car repair shops starting October 1 should not raise repair prices, the Romanian Auto Registry (RAR) said Tuesday. more

10.31.2011

Romania's Senate on Monday adopted a bill on the car pollution tax, which amends the first registration tax criticized by the Court of Justice of the European Union. more

10.31.2011

The European Union will introduce a pollution tax on apartment heating systems "in 2013 or 2015," said Romanian Environment Minister Laszlo Borbely. more

10.27.2011

The Romanian Association of Independent Car Repair Shops (ASSAI) said Thursday service garages might have to raise repair prices following a decision by the Romanian Auto Registry (RAR) to increase more

10.21.2011

Romanian ruling Democratic Liberal Party secretary general Ioan Oltean said Friday pensions will neither be cut nor taxed in 2012. more

10.09.2011

Romanian fiscal authority ANAF will write off individuals’ and companies’ debt penalties if they pay off debts and interest on overdue taxes by the end of the year, according to a Finance Ministry 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

10.04.2011

The administration committee in Romania’s Senate on Tuesday approved the Government’s bill that changes the current car pollution tax. more

09.28.2011

Romania will apply the car pollution tax currently in effect until 2013, Environment Minister Laszlo Borbely said Wednesday at a conference organized by the Foreign Affairs Ministry. 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

09.08.2011

Romanian companies will pay 20% of the inventory value of buildings they own if the buildings have not been reevaluated in the past three years, and the tax rises to 40% buildings have not been more

09.06.2011

Romanian Environment Minister Laszlo Borbely said Tuesday that, in mid-2012 or in 2013, he plans to eliminate the pollution tax paid upon a car's first registration and introduce a"green card" more