tax on profit

The Government is set to adopt, in its sitting on Thursday, an emergency ordinance which brings several fiscal amendments. Among them the increase from 2% to 3.5% of the share of the income tax on natural persons that can be allocated to…

AmCham Romania expresses its concern regarding the impact the recently announced fiscal policy measures, both in terms of the increasing costs these are generating for taxpayers and in terms of the budgetary sustainability of such measures.…

Finance Minister Ionut Misa has announced on Thursday a major change for 450,000 companies with a turnover below EUR 1 million. Misa has announced in the Government sitting that these companies will pay as of next year a 1% tax on turnover…

Senate Speaker Calin Popescu Tariceanu has announced on Monday that the government will propose a law prohibiting the accumulation of the pension with the employment in state institutions. "The possibility of re-employing in the same place,…

The amount of revenues collected by the National Agency for Fiscal Administration (ANAF) in July was by 7.25%, (RON 1.32 billion) higher than the corresponding revenues collected in July 2014 and have exceeded by 3.2% (RON 618.91 million)…