Draft law on measures to ensure Romania's financial sustainability, published by Finance Ministry
Publicat:The draft law on fiscal budgetary measures to ensure Romania's long-term financial sustainability was published Tuesday by the Finance Ministry.
The said piece of legislation introduces, starting next year, a minimum tax of 1% on turnover for companies with a turnover of over 50 million euros and which determines a profit tax lower than the minimum tax on turnover.
An additional tax for banks is also introduced, which will be calculated by applying a rate of 1% on turnover.
At the same time, the threshold for entering the micro-enterprise category will drop from 500,000 euros to…
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