VAT
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Grafic: Indicatorii financiari ai VAT România în perioada 2019-2025
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Orange: The market shrank by 300m euros in 2010
Romania's mobile telephony operators in 2010 lost 300m euros in revenues against 2009 amid recession, VAT hike, the austerity moves and the first fall in history in the number of users, acco...
Consolidated budget sees 819 million lei surplus in January
The general consolidated budget posted 819 million lei (193 million euro) in surplus in January compared with a surplus of 15 million lei in the same time of 2010 because of the increase in...
VAT hike: Between saving the budget and disappointment of prolonged recession
The slowing growth pace of VAT revenues towards yearend is casting a shadow of doubt on the way the 24% hiked VAT, which saved the budgetary gap last year, will help the budget in 2011 as we...
State could collect nearly half a billion euros from the pollution tax and VAT in 2011
The new pollution tax, which came into force on January 1, and the raised VAT (24%) could generate around 450 million euros in revenues to the state budget, according to a ZF analysis.
IMF is awaiting Băsescu's decision on VAT and non-taxation of pensions
IMF and European Commission experts continue talks with Romanian authorities this week and are hoping that, by the time the assessment in Romania is concluded, President Traian Băsescu will...
How should companies build 2011 budgets? Flat tax, VAT and lump sum tax, uncertain
There is nothing certain about the 2011 taxation system, considering there are pressures for the flat tax to be cut to 12% or even 10%, VAT is not sure to be kept at 24%, and the introductio...
VAT raise boosts budget revenues by 17% in August
The VAT hike from 19% to 24% as of July 1st generated a 17% rise in overall revenues collected by the state budget in August, compared with the same month of 2009, pursuing the upward trend...
Salary cuts and price increases leave Romanians with dwindling savings
The price increases after this summer's VAT hike have left people with less and less money for savings, and, considering that banks are no longer willing to pay very high interest rates on d...