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158 new news items in the last 24 hours
Tuesday 16:52

Tanczos Barna, the Deputy Prime Minister of Romania, states that the minimum tax on turnover is a burden for the economy and proposes a gradual elimination, highlighting the difficulties in addressing the VAT gap.

Sanziana Georgescu
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Economy
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Deputy Prime Minister Tanczos Barna stated that Romania has not managed to resolve the VAT gap in the last 35 years and that it will not be resolved quickly. He criticized the minimum turnover tax (IMCA), considering it a burden on the economy that creates discrimination among companies. Barna proposed a gradual reduction of this tax, emphasizing that complete elimination cannot take place until 2026.


He also mentioned the need to stop the profit export by multinational companies. The Deputy Prime Minister emphasized that any changes to taxes must be carefully analyzed so as not to affect budget revenues, considering the agreements with the European Commission. Additionally, he discussed the challenges facing the automotive industry in Romania, highlighting the importance of support for research and development to maintain competitiveness in the market.

Sources

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Financial Intelligence
Tanczos Barna: Impozitul minim pe cifra de afaceri (IMCA) este o povară prea mare pentru economie, care trebuie eliminat gradual 
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psnews.ro
Tanczos Barna: Impozitul minim pe cifra de afaceri – o povară prea mare pentru economie, ce trebuie eliminat gradual
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Digi24
Tánczos Barna: „Impozitul minim pe cifra de afaceri frânează industria auto și trebuie redus la jumătate din 2026”
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G4Media
Vicepremierul Tanczos Barna: Industria auto este un pilon strategic al economiei României

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Finance Minister: The increase in VAT for 2026 is not being taken into account.
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Politics
Deputy Prime Minister Tanczos Barna: "We do not have serious reforms made yet, apart from the education system and a bit in health. When we discuss with the European Commission, many times I have been backed against the wall."
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Economy
The Minister of Finance emphasizes the negative impact of the turnover tax on investments and proposes solutions for stimulating economic development.
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Economy
The President of SMEs Romania warns that the increase of VAT to 21% in the HoReCa sector could cause losses of 10 billion lei and would affect competitiveness.
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Politics
Economy Minister, Radu Miruță: "I hope the Prime Minister and the Minister of Finance and all members of the Government are aware that you cannot live just by cutting."
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Tanczos Barna minimum tax turnover

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