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Romania News




EU Commission Warns Of Tax Scam Letters

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 12, 2017

The European Commission has warned taxpayers in Europe of letters being sent by fraudsters bearing its name and demanding the payment of tax not due. Read Full Story

 


EU Auditors Concerned By Customs Tax Loopholes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 8, 2017

EU customs controls are not being applied effectively, an EU audit has found, with importers able to take advantage of loopholes to reduce or evade their duty liabilities. Read Full Story

 


EU Council Approves VAT Derogations For Four States

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, October 19, 2017

In Volume 60 of the Official Journal of the European Union (L 265), published October 14, the European Council approved four proposals for council implementing decisions in respect of derogations sought by member states from the EU VAT Directive. Read Full Story

 


EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 2, 2017

The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, and evasion. Read Full Story

 


Romania And Uruguay Sign Social Security Agreement

by Mike Godfrey, Tax-News.com, Washington

Monday, September 18, 2017

Uruguay and Romania have signed a social security agreement, marking the first such agreement that the Uruguayan Government has concluded with a nation in Eastern Europe. Read Full Story

 


Romania Confirms Income Tax, Social Security Plans

by Ulrika Lomas, Tax-News.com, 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, Tax-News.com, 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, Tax-News.com, 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, Tax-news.com, 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, Tax-News.com, 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

 

 

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