Senate amends Fiscal Code, differentiated tax on income earned by transfer of securities
Publicat:The plenum of the Senate has adopted, on Wednesday, a legislative proposal regarding the amendment of the Fiscal Code, which stipulates that the taxation of income earned from the transfer of securities will be done in a differentiated manner, 1% for those held more than one year and 3% if the titles are held for less than one year, Agerpres reports. There were 118 votes "in favour", one against and one abstention.
"The proposed legislative solutions have in view the creation of a fiscal environment that would encourage the attraction and involvement of individual investors on the…
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