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Tag Archives: tax

Deloitte Romania consolidates regional offices in Cluj-Napoca and Timisoara

Deloitte Romania consolidates regional offices in Cluj-Napoca and Timisoara and has appointed Ovidiu Zaberca as Senior Business Development Manager. With 15 years of experience in corporate sales and business development, he has worked in industries such as telecom, financial services ...

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Raiffeisen Bank International to reevaluate operations in Romania following GEO 114. Raiffeisen Romania reports the best results ever for 2018

Raiffeisen Bank International (RBI) will reevaluate its operations in Romania after the government imposed a new bank tax in a last-minute legislation in December, chief executive Johann Strobl announced on Wednesday, as quoted by Reuters. Raiffeisen holds EUR 8.97 billion ...

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Backpedaling on GEO 114? Fin Min: the ordinance will have to be discussed in the ruling coalition. Tariceanu: The 2 pc tax on energy companies’ turnover- excessive

Romanian Finance minister, Euegn Teodorovici has stated on Wednesday evening that the energeny ordinance no 114 will be decided only after a debate in the ruling coalition, and after that in the Government. „Amending GEO 114 is a topic that ...

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Update: PSD files amendments to offshore bill, oil companies leave parliamentary committee’s sitting in protest. ALDE’s Gerea: Interest to continue imports from Russia

The Social-Democratic Party has filed on Tuesday several amendments to the offshore bill, shortly before the start of debates by the Chamber of Deputies Committee for Industry, amendments handed by PSD Chairman, Liviu Dragnea, capital.ro informs, quoting G4Media.ro. The representatives ...

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New local tax partner at Mazars

Mazars, the international accountancy and advisory firm, has appointed Bianca Vlad as Local Tax Partner. She has expertise with Romanian and EU Indirect Taxation and has worked to help a wide range of businesses develop and maximize value for both ...

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Fourth GEO amending the Tax Code, in store this year

Finance minister Eugen Teodorovici has announced that he would table a new emergency ordinance to amend the Tax Code next week. So, it would be the fourth such GEO revising the fiscal law adopted this year, which means in only ...

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Gov’t adopts GEO on single return

The Government has adopted the emergency ordinance draft which amends the Fiscal Code referring to the single return for social security liabilities, personal income tax and details of insured persons, affecting almost one million people who have incomes from independent ...

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BNR monetary policy meeting – economic growth in 2017, up faster than anticipated, to slow down in 2018 and lose momentum in 2019

According to the minutes of the monetary policy meeting of the National Bank of Romania Board on November 7, 2017 the Board discussed and adopted the monetary policy decision, based on the data and analyses on the recent characteristics and ...

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President gives first explanations on accepting PM Tudose

President Klaus Iohannis has said on Tuesday that that plagiarism charges against PM Mihai Tudose don’t conflict with the integrity principles he had voiced before the nomination. Iohannis said that it’s not his government and if the plagiarism suspicions confirm, ...

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