taxation

Authorities have borrowed EUR 3 billion from foreign markets yesterday to finance the current year’s deficit. Much: both for one day and in general. A thing that should make us think about how revenues are made in our...
31 martie, 2019
Businesses in Romania face the 18th world’s highest complexity of the accounting and tax systems. The complexity level of tax and accounting requirements in Romania went up 36 positions in one year in 2018 Financial Complexity Index, according...
7 mai, 2018
European authorities are taking increasingly decisive steps towards tax harmonization of the 27 systems remained in the EU, but the new measures may have negative effects on the Romanian economy and society that could be caught unprepared. Especially...
16 aprilie, 2018
In Romania, the ratio between the revenues that must be collected from taxes (including social contributions – tax/GDP ratio) and GDP was 26% in 2016, higher only than the level in Ireland and below the collection level in...
11 decembrie, 2017
  The Government adopted the Emergency Ordinance on amending the Tax Code and maintained all the provisions lately contested by the business community and trade unions. Among the most important are: the transfer of most of the social...
12 noiembrie, 2017
After a period when all major business organizations – Romanian and foreign – have rejected the tax experiments especially those proposed by the Mihai Tudose government, AOAR moves further „from the reactive attitude in recent months to a...
17 iulie, 2017
Despite Romania’s progress in implementing the recommendations of the European Commission (EC), „the structural challenges may dampen the medium-term outlook,” mentions the report on Romania. The report is part of the „winter package” of assessments published Wednesday by...
25 februarie, 2017
Russian companies have reached in November 2016 at a share of 25% of the Romanian gas market, up from only 5% in January. The mechanism that allowed that is complicated and it is hard to know today whether...
27 noiembrie, 2016
We start from the certainties in 2016 – when Romania will most likely have the highest economic growth among the EU states: INS announced an economic growth of 5% for the first half of the year. In absolute...
7 noiembrie, 2016
The other day I watched on TV how PNL leaders presented as a great achievement the submission of the draft law for implementing the ATAD Directive (2016 – Anti Tax Avoidance Directive) that, according to them, would allow...
6 noiembrie, 2016
After analysing the signal data, the National Statistics Institute confirmed on Tuesday the economic growth of 5% in the first half of this year, as compared to the same period of the previous year (seasonally adjusted value for...
23 septembrie, 2016

Document: Government amended Tax Code

  The Government adopted the Emergency Ordinance on amending the Tax Code and maintained all the provisions lately contested by the business community and trade

Document: Government amended Tax Code

  The Government adopted the Emergency Ordinance on amending the Tax Code and maintained all the provisions lately contested by the business community and trade

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