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Romania News - Business, Taxation & Offshore

Romania Confirms Income Tax, Social Security Plans

by Ulrika Lomas,, Brussels

Thursday, August 3, 2017

Romania's Ministry of Finance has confirmed that planned changes to personal income tax and social security contributions are going ahead, despite the recent cancellation of key parts of the Government's tax plan.Read Full Story


Romania Drops Solidarity, Turnover Tax Proposals

by Ulrika Lomas,, Brussels

Wednesday, July 26, 2017

The Romanian Government has scrapped controversial plans to introduce a solidarity tax on high incomes and replace corporate income tax with a turnover tax.Read Full Story



Canadian Mining Firm Challenging 'Retaliatory' Romanian VAT Claim

by Ulrika Lomas,, Brussels

Wednesday, July 19, 2017

Canadian resource company Gabriel Resources Ltd has said that it will "vigorously challenge" a value-added tax assessment issued by the Romanian tax authority, ANAF, which it says is linked to its decision to begin arbitration proceedings against the Romanian Government.Read Full Story


EU Tax Burden Steady In 2015, At 38.7pc Of GDP

by Ulrika Lomas,, Brussels

Friday, July 14, 2017

The European Commission has published its annual taxation trends report.Read Full Story



Romania Considers Progressive Income Tax

by Ulrika Lomas,, Brussels

Tuesday, July 11, 2017

The Romanian Government is considering replacing the flat tax on corporate income with a tax on turnover as part of a wider tax overhaul.Read Full Story


New EU Agency To Pursue VAT Fraudsters

by Ulrika Lomas,, Brussels

Friday, June 9, 2017

Twenty EU member states have reached a deal on the establishment of a new European Public Prosecutor's Office that will have the power to investigate and prosecute criminal cases affecting the EU budget. Read Full Story