tax
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Finance Ministry eyes salaries paid as dividends, plans tax increase
After the single quota, the Finance Ministry is now planning a new surprise for corporate taxpayers: the cut in the profit tax from 25% to 20% along with an increase in the dividend tax from...
Tanasescu says single tax quota to cover all incomes
The 23% single tax quota will be levied on every income covered by the global income taxation system currently used, while the list of deductions was supposed to be finished yesterday, Finan...
Single tax quota officially confirmed for debate by Government today
The fiscal revolution anticipated by Ziarul Financiar last month is about to happen: Finance minister Mihai Tanasescu has officially confirmed the information initially released by governmen...
Cable TV operators want tax cut
The domestic cable TV industry will not be able to attract any strategic investors as long as the legislation (Law 8/1996) allows for 13% of the gross revenues made by operators to be transf...
Single tax quota debated by Government on Thursday
PM Adrian Nastase wants to see the Fiscal Code draft debated during the Government session on Thursday, the version that stipulates replacing the five income category taxation system with a...
Single tax quota project delays Fiscal Code
Finance minister Mihai Tanasescu last week postponed presenting the progress of the Fiscal Code draft before the Government once again. One of the reasons: the discussions about the replacem...
Business rooting for 18% tax
Business officials and analysts have hailed government plans to introduce a single global income tax for natural persons, most likely 18%, but are sceptical when it comes to its actual appli...
Government mulling single 18% income tax for natural persons
The Government is planning to introduce a single global income tax for the natural persons. Most likely, this quota will amount to 18%, according to government sources. Taxation levels are n...
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...