The President of the Concordia Employers' Confederation, Dan Șucu, stated that reducing the minimum turnover tax (IMCA) to 0.5% starting January 1, 2026, followed by its elimination in 2027, is not sufficient.
He emphasized that "a smaller brake is still a brake," arguing that the tax continues to discourage investments in essential sectors such as IT&C, trade, and production. The complete elimination of this tax could free up between 1.3 and 1.5 billion lei for productive investments. Prime Minister Ilie Bolojan argued that the 1% turnover tax has significantly reduced the volume of foreign investments in Romania and highlighted the need to discuss in the coalition the reduction or elimination of this tax.
Sources
Latest News
16:49
16:49
16:49
16:45
16:42
See more news