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Tag Archives: tax

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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Top three counties that contribute most to Romania’s budget

The counties of Ilfov, Brasov and Sibiu contribute most to the country’s budget. At the opposite end stand Vaslui and Olt counties. Bucharest is above all counties in this regard. More than RON 43 billion was collected last year from ...

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New Tax Director Promotions within Mazars Romania

As of  September 1st, Alexandru Comanescu will act as Director for Indirect Taxation and Bogdan Gheorghiu as Director for Direct Taxation for Mazars Romania, a press release informs on Wednesday. Their appointment as Directors in the tax department managed by ...

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0.2 pc budget deficit in the first seven months of the year

The consolidated general budget in seven months of 2016 ended with a deficit of RON 1.74 billion, or 0.2%, informs the Ministry of Finance. The consolidated general budget revenues, amounting to RON 129.6 billion, accounting for 17.1% of GDP, were ...

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Romania remains an attractive destination for German investors

According to representatives of the Romanian-German Chamber of Commerce and Industry (AHK Romania), the confidence in the current government has increased and together with it the hope that measures will be taken for continuing the reforms. The assessment of the ...

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