taxes
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AOAR demands lower taxes
AOAR demands lower taxes
Romanian State raises more money from various taxes
Business was good in 2003, judging by the spectacular increase (more than 46%) posted by the revenues collected by the State from the taxes paid by the companies operating on the Romanian ma...
New codes, new taxes
The Finance Minister has endorsed the monthly cap to be used for calculating the taxes on salary and pension-related incomes. This is based on the annual taxation cap for the fiscal 2004 for...
Econometrics deliver verdict: taxes are too heavy
The taxation burden in a specific country is something that can be measured. By econometrics. And the thoroughly accurate calculations, which go beyond the picture of the economy registered...
Romania riding high in the European top of hefty taxes
Romania is among the top European countries in terms of high taxes the companies have to bear in order to pay their employees, which actually is the main reason for the salaries of Romanians...
Tanasescu explains high wages and taxes to Iliescu
Public Finance minister Mihai Tanasescu informed President Ion Iliescu during the meeting at the Cotroceni Palace last week that levying an 80% tax on high incomes was not in line with the l...
New taxes for brokers and fund managers
The new regulations of the National Securities Commission (CNVM) covering the collection and management of its extra-budgetary revenues may spark new controversies between the commission and...
Romanian wages: less money, more taxes
The Romanian workforce, although considered cheap, does bear the most taxes in the entire Central and Eastern Europe, despite the five percent cut in the social security contributions (CAS)...
Exactly how many taxes are there?
The legislation in effect in Romania since January 1, 2003 sets no less than 225 budgetary obligations to be paid by taxpayers in form of taxes, duties, contributions to special funds and ta...