The high taxes are practically rendering domestic employers unable to develop their businesses, by draining them of the necessary resources and are pushing foreign investors away, Marian Milut, chairman of the National Union of Romanian Employers (UNPR) on Tuesday said. “The taxes and duties that have swamped the business people no longer allow running an efficient business for someone who wants to stay honest,” Milut said. In his opinion, the widely advertised 5% fiscal relaxation for employers and employees has turned out to be far less than expected. “By transferring a few percentage points from employee to employer and levying new taxes, the taxation reduction becomes nothing more than wool over the taxpayer’s eyes,” the UNPR official said. He added that another obstacle in the way of running a business was the legislative instability, so that, fiscally speaking, the plethora of regulations makes it impossible for any economic operator not to do something wrong, which the control bodies are quick to speculate. ZF
ZF English
Employers complaining about taxation
The high taxes are practically rendering domestic employers unable to develop their businesses, by draining them of the necessary resources and are pushing foreign investors away, Marian Milut, chairman of the National Union of Romanian Employers (UNPR) on Tuesday said