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16:05, 08.11.2017

Misa on tax changes: Employees' net income will increase, employers will not pay more

The employees' net income will increase and the employer will not pay more money into the national budget as a result of the income tax decreasing from 16 percent to 10 percent, social security contributions decreasing…




14:56, 08.11.2017

PM Tudose: Gov't wants to introduce very firm profit outsourcing measures

The government wants to introduce some "very firm" measures regarding the outsourcing of profits, Prime Minister Mihai Tudose announced on Wednesday, adding that this has led to "inflammation."  "There are a number…




20:53, 06.11.2017

FinMin Misa: Gov't to consider ordinance amending the Tax Code on Wednesday

The Government on Wednesday will consider a draft ordinance amending the Tax Code, including the transfer of social contribution payments from employers to employees, Finance Minister Ionut Misa said on Monday.…




15:36, 06.11.2017

PM Tudose: It is possible that Tax Code amendments won't be discussed in Wednesday gov't sitting

Prime Minister Mihai Tudose said on Monday that the Government on Wednesday might not to discuss the amendments to the Tax Code.  Asked if switching the payment of social security contributions from employers to…




16:46, 01.11.2017

LabMin Vasilescu: Employers' organisations said no intention to cut salaries

Employers' associations stated on Tuesday at the Tripartite National Council for Social Dialogue that they do not intend to cut the employees' wages, all the more since the provisions of the new Tax Code bring…




16:33, 01.11.2017

Deloitte's Petre: Romanian authorities choose more restrictive conditions than those in Anti-Tax Avoidance Directive

The Romanian authorities have chosen more restrictive conditions than those that would have been imposed by the Anti-Tax Avoidance Directive and the period of six months established by the Tax Code for the entry…




09:02, 31.10.2017

PSD's Dragnea: Amendments to the tax code, code of tax procedure to pass under gov't ordinance

Amendments to the tax code and the code of tax procedure will pass under a government ordnance and will be unveiled after the government meeting, national leader of the Social Democratic Party (PSD) Liviu Dragnea…




19:06, 30.07.2017

Economy Minister Fifor: Gov't will not reconsider Ordinance for Tax Code's amendment, completion

The Government will not reconsider the Ordinance 4/2017 for the amendment and completion of Law No. 227/2015 on the Tax Code, for which the National Liberal Party (PNL) has demanded the notification of the Constitutional…




15:23, 23.02.2017

PSD`s Dragnea recommends 0-VAT on social services, support for agriculture, SMEs

Speaker of the Chamber of Deputies Liviu Dragnea, the national leader of the Social Democratic Party (PSD), on Thursday filed a legislative proposal with the Senate to have the Tax Code amended to allow for a zero-percent…




17:05, 07.12.2016

Tax exemption on reinvested profit stays valid after 1 January 2017

Tax exemption on reinvested profit on unlimited period comes into force on 1 January 2017, according to Government Ordinance (OG) No. 84, that is amending the Tax Code and the Tax Procedure Code, published in the…




18:02, 11.01.2016

Dan Voiculescu, 10 challenges for Romania this year

Romania must have several priorities and directions for economic development in 2016, writes Dan Voiculescu on his blog. The professor has published a series of 10 challenges this year, resulting in the creation…