04.27.2012

The spectacular rise of collection from the corporate tax and the higher amount attracted to the budget in March from individual income taxes contributed to the rise of budget revenues by 16.2% more

04.05.2012

Romanian Prime Minister Mihai Razvan Ungureanu said Thursday on public radio the Government will bring no changes to the current taxation system until the end of 2012. more

03.30.2012

Romanian authorities are looking into reducing the number of taxes from 230 to below 100, as recommended by the World Bank, Andreea Paul, adviser to the prime minister, said Friday. more

03.26.2012

Local taxes in Romania will be raised next year by 16.05%, the cumulated rate of inflation for 2010-2012, says a draft decision by the Finance Ministry. more

03.16.2012

Romania's Agriculture Ministry opposes taxing farm machinery the same as transport vehicles and is discussing the issue with the Finance Ministry, Agriculture Minister Stelian Fuia said Friday. more

03.12.2012

More than two thirds of Romanians welcome the system allowing them to pay taxes using bank cards, either through POS units or online, but the introduction of a transaction fee would make them draw more

03.01.2012

Romania must cover its social security budget deficit by creating new jobs, because raising taxes will only encourage tax evasion, central bank governor Mugur Isarescu said Thursday. 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

Crowding and discontent, this was the atmosphere on Tuesday morning in front of the Fiscal Administration of Bucharest's 2nd district, where around 100 people were queuing up to submit the necessary more

01.18.2012

The value of taxes paid with bank cards amounted to 69.4 million lei (EUR15.9 million) in the first eleven months of 2011, almost double on the year, according to data released Wednesday by Visa more

01.05.2012

Industrial property taxes in Romania are 20% higher staring January 1, 2012, as the Government failed to postpone the tax increase in time. more

12.28.2011

The Romanian Government rejected local authorities’ proposition to raise local taxes by up to 50% next year, Finance Minister Gheorghe Ialomitianu said Tuesday evening. more

12.27.2011

Romanian local authorities might be allowed to increase annual taxes by up to 50% or eliminate the current 20% increase cap and raise local taxes depending on contributors’ purchasing power. more

12.20.2011

The Romanian Government will analyze the feasibility of reducing workforce costs only after it makes sure the country achieved macroeconomic stability, Prime Minister Emil Boc said Tuesday. more

12.05.2011

Romania's Finance Ministry will withdraw its proposal to tax small agricultural producers and will work with the Agriculture Ministry to prevent tax evasion in farming, Finance Minister Gheorghe more

11.28.2011

Bucharest residents who own electric or hybrid cars will pay only 5% of the tax in 2012, compared with the current 50%, as per an amendment to the city's tax bill for next year, adopted Monday by the more

11.24.2011

The revenue growth forecasts included in the 2012 budget are too optimistic because those who worked on building the budget took a purely accounting approach to the job. The lack of transparency from more

11.23.2011

Ziarul Financiar this week started a campaign about the management of the 195 billion lei (EUR45 billion) that the government hopes to collect for the general consolidated budget in 2012, as indicated more

11.22.2011

ZF starts a campaign Tuesday to monitor how the 195 billion lei (EUR45 billion) that the government expects to collect for the consolidated budget in 2012, as indicated by the budget bill, will be more

11.18.2011

Romania's Government will exempt public institutions and RA-APPS, the authority that administers government real estate properties, from paying local taxes on their buildings, says the emergency more

11.16.2011

The burden of the fiscal system on the business sector is not the amount of taxes but the excessive red tape, which continues to annoy businesspeople. more

10.20.2011

Romanian Prime Minister Emil Boc said Thursday the Government has not held talks on introducing new taxes to allow for future pension increases. more

10.16.2011

Romanian Prime Minister Emil Boc said Saturday at a party meeting the Government has not included any plans to tax pensions in its draft state budget for next year, denying recent media allegations. more

10.05.2011

Romanian labor market is too burdened and cutting the social security taxes, while a risky measure, would be a most welcome solution to stimulate economic growth, central bank governor Mugur Isarescu more

10.04.2011

Romania must reduce taxation in the capital and workforce sectors to support the economic growth, because monetary policy measures alone are insufficient to sustain the development in the medium and more