PM Ciuca: Ordinance on micro-enterprises 16pct profit taxation to be adopted on Friday
Publicat:Prime Minister Nicolae Ciuca stated on Thursday, in Craiova, that the Government Emergency Ordinance (GEO) by which micro-enterprises with a turnover between 500,000 euros and 1 million euros will be taxed with 16pct on profit instead of 1pct of revenues, as currently in force, will be adopted on Friday, agerpres reports. "It was a proposal supported by the Minister of Finance with the reduction of these ceilings from 1 million euros to 500,000 euros. It is a calculation made by the Ministry of Finance and provides an amount to the state budget estimated at 300 million lei, with the argument…
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