18 August 11:22
Minister of Finance Alexandru Nazare announces a tax reform project aimed at correcting anomalies in the Romanian tax system for the benefit of honest entrepreneurs.
Lara Maior
Economy
Alexandru Nazare/ Facebook.com
The draft tax reform bill, part of Reform Package 2, aims to correct anomalies in the Romanian tax system, not complicate the work of entrepreneurs. Minister Nazare underlines that Romania faces a large budget deficit and low revenue collection, which affects competitiveness and living standards. The aim of the reform is to clarify tax rules, eliminate undue advantages and strengthen financial discipline, thus supporting the development of fair firms in a healthy competitive environment. Public consultations will continue to adjust the initial proposals.
Sources
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