Romanian Prime Minister Emil Boc announced that the Romanian government has agreed to cut the tax-related administrative burden, by reducing the number of taxes and tariffs levied in Romania. Boc explained that the country’s Ministries would now put forward proposals for the annulment, reduction or amalgamation of taxes and fees, by April 15.
Boc explained that the 558 taxes and fees, decided upon by 185 normative acts, were causing too much of an administrative burden, stating that “the management of some of the taxes exceeds their returns.”
With a view to amending Romanian legislation in April, Romanian Finance Minister, Gheorghe Pogea has announced the setting up of an inter-ministerial working group to examine the issues.
“The Government’s decision is very clear: we want to simplify or reduce the number of taxes or tariffs”, concluded Boc.
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