evasion
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Tax consultants: Plan to fight evasion actually hurts honest taxpayers
The steps to fight tax evasion promoted by the Government will not reduce the size of the informal economy, but will affect those economic operators that pay their taxes regularly, will generate arrearage in the economy and lead to increased reluctance on the...
Finance Ministry targets more money by curbing evasion
Economy and Finance Ministry intends to introduce new legislative measures on collection of excise duties and VAT and intensify control to fight tax evasion in order to boost budget revenues...
Hard times: tax evasion to be punished by up to 25 years in prison
The Americans like to say that no one can escape death and the IRS. These days, as they are under pressure from the international bodies to quench corruption and tax evasion, the Romanian au...
Foreign investors complain about tax evasion
The biggest problem facing the foreign investors in Romania is not legislation, but the fact that laws do not apply, or they apply in a discriminatory fashion, said Antony Burgmans, represen...
Miracle cure for state budget problems: crusade against $2-4bn tax evasion
The authorities seem to have found a miracle cure for the problems plaguing the state budget. The solution could feed money into the budget, in order to sustain a cut in salary taxes, solve...
Harsher punishments for tax evasion
The end of next month will come with harsher punishments and higher fines for tax evasion for both individuals and legal entities. Effective August 29, the imprisonment for tax evasion may b...