minimum tax

Romanian Govt To Eliminate Minimum Tax As Of Oct 1

18:51, 29 Sept. 2010
Romania’s Government decided to eliminate the minimum tax starting October 1, Prime Minister Emil Boc announced Wednesday.

Romanian Govt To Replace Minimum Tax With Lump Sum Tax

20:12, 19 Aug. 2010
The Romanian Government will eliminate the minimum tax starting with October 1, and replace it with a lump sum tax, Finance Minister Sebastian Vladescu told MEDIAFAX Thursday.

Romania To Eliminate Minimum Tax Jan 2011 – Econ Min

12:42, 22 Apr. 2010
Romanian Economy Minister Adriean Videanu on Thursday said the minimum tax will be eliminated as of January 1 2011, adding that he opposes any tax increases.

Romanian Parl Commissions Vote To Eliminate Min Tax, Cut Building Construction VAT To 5%

15:20, 10 Ian. 2010
The Romanian Parliament commissions for budget and finance adopted Sunday morning a series of amendments to the draft state budget, including ones that eliminated the minimum tax, applied a lower VAT to building construction and a 3% tax on micro-enterprise revenue.

Minimum Tax Cleaned Romania’s Economy, Closed Inactive Cos – PM

12:04, 06 Ian. 2010
Over 73% of the Romanian companies closed down after the introduction of the minimum tax were inactive or used for illicit deals, so that the tax seems to have reached its goal due to its curative and cleaning effects over some economic fields, Prime Minister Emil Boc said Wednesday.

Romania’s Revenue From Minimum Tax At RON592.8M By Sept

14:54, 21 Dec. 2009
Romanian authorities cashed overall revenue to the consolidated general budget amounting to 592.8 million lei (EUR1=RON4.2119) from the minimum tax levied until September, officials of the country’s fiscal authority ANAF said Monday.

Minimum Tax Brings Extra EUR65M To Budget – National Fiscal Administration Agency

20:49, 31 Iul. 2009
Around 65% of the companies will pay the minimum tax, worth 291.7 million lei (EUR1=RON4.2127), or 12% of the total profit tax declared by July 25, while, by applying the 16% flat tax they would have only paid RON22.25 million, said Sorin Blejnar, head of National Fiscal Administration Agency ANAF.

Romanian Social-Democrats Call For Minimum Rev Tax Annullment

19:20, 13 Iul. 2009
Romania’s Social Democratic Party PSD proposed the elimination of the minimum tax as of September 1, the party’s spokesperson Bogdan Niculescu Duvaz announced Monday at the end of PSD’s Standing Bureau meeting.

Romania’s Govt To Decide On Minimum Tax After Evaluating Econ Growth – PM

15:40, 12 Mai 2009
Romania’s Government will evaluate the impact of the minimum tax on companies and will make a decision in this respect according to the evolution of the country’s economy, Prime Minister Emil Boc said Tuesday.

Romanian PM To Evaluate Effect Of Minimum Tax On Companies

14:01, 10 Mai 2009
Romanian Prime Minister Emil Boc said Saturday he will evaluate, together with the Finance Ministry, the impact of the minimum tax on companies, as he believes the new tax, which was implemented to fight against fiscal evasion, has not been explained and understood well enough.

Romania’s Min Tax May Be Written Off In Fall – SMEs Min

16:33, 08 Mai 2009
Romania’s minimum tax is a temporary measure and may be written off in the autumn, the minister for Small and Medium-Sized Enterprises, Commerce and the Business Environment, Constantin Nita, said Friday.

No Of Dissolved Cos Unrelated To Minimum Tax Enforcement – Fin Min

16:32, 30 Apr. 2009
The number of companies dissolved this year is not related to the implementation of the minimum yearly tax as of May 1, but rather reflects a natural evolution of the economy, which was also registered in the previous years, Finance Minister Gheorghe Pogea said Thursday.

Romanian Cos Running EU-Funded Projs May Be Exempt From Min Tax

14:33, 28 Apr. 2009
Companies founded this year to unfold investments using non-reimbursable EU funds that don’t yet have turnovers may be exempt from paying a minimum tax, Finance Ministry state secretary Cosmin Coman said Tuesday.

Romanian Fin Ministry Lacks Data Of Min Tax Grid Setup

14:16, 28 Apr. 2009
Romania’s Finance Ministry does not currently have a database and a grounding for the figures behind the minimum tax grid, the secretary of state within the ministry Cosmin Coman said Tuesday.