taxes
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NBR: Deposit money moves to current accounts to dodge taxes
The situation of time deposits is no longer relevant given that a lot of money is registered on current accounts as a result of the solution banks came up with in order to dodge interest tax...
Chinese use Romanian software to collect taxes
Chinese use Romanian software to collect taxes
Individual property speculators to pay the same taxes as companies
The National Fiscal Administration Agency (ANAF) has proposed a change in the Commercial Code so as to assimilate repeated purchases and sales of buildings by individuals to acts of commerce...
Campofrio hurt by shelf taxes
Charcuterie producer, Tabco-Campofrio, the domestic unit of Spain's Campofrio Alimentacion, posted 10% higher sales in the first half of this year compared with the same period of 2005. "We...
Lower taxes generate higher foreign investor interest in Romania
The profit tax of only 16% is encouraging multinationals doing business in Romania to let their profits be subject to taxes in this country, or even try transferring price schemes to move pr...
EU to request Government to raise taxes and cut spending
Next week, the Finance Ministers in the European Union will request that Romania should consider increasing some taxes to boost the revenues of the state budget, in order to encourage invest...
Dealers want higher taxes
Representatives of car producers and importers support the proposal of the Minister for the Environment, Sulfina Barbu, announced at the end of last week, regarding the introduction of an ec...
Flat tax: lower taxes, same revenues
The consolidated budget revenues increased by more than 5% in 2005, thus attaining 99.4% of the revenue target set in the Budget Law. The flat tax showed in its first year of application tha...
Finance Minister hints at new taxes for next year
Finance Minister hints at new taxes for next year