flat tax
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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 introduction of the lump-sum tax has not been settled, so that businesspeople do...
VAT uncertain. Consultants say fiscal strategy is not for real
The flat tax and social contributions will not be modified until 2013, the VAT level remains uncertain and the cut in salaries and number of employees will not be offset any sooner than 2013...
Government works with 2 scenarios for cutting flat tax: 10% or 12%
According to documents seen by Ziarul Financiar, the Boc government has two scenarios for cutting the income tax in 2011: 10 or 12% . The revenue reduction is expected to be compensated for...
Vladescu: We need progressive taxation, flat tax is no longer coping
Vladescu: We need progressive taxation, flat tax is no longer coping
Vladescu wants 16% flat tax across the board
Finance Minister Sebastian Vladescu wants to bring more money to the budget by extending the flat tax to all categories of individual incomes.
Vladescu wants flat tax for profits from Stock Exchange investments
Public Finance Minister Sebastian Vladescu said yesterday he wanted a 16% flat tax to be levied on all categories of income earned by individuals - including interest rates, stock exchange t...
VAT and flat tax still in danger. Romania must reactivate privatisation programme
Romania could remain in recession this year and will not be able to avoid tax hikes unless the public sector employee wages and pension cuts decided by the government pay off over the coming...
New government to keep flat tax and VAT as they are
The new PD-L-PSD government will keep the 16% flat tax and the value added tax at 19%, while the tax on reinvested income will be zero, as shown by the governing programme draft.
Flat tax makes non-residents seek taxation in Romania
The introduction of the 16% flat tax has made Romania more fiscally appealing, both to foreign investors and foreign individuals providing services in Romania.