Government discusses tax measures that could raise 40 billion lei, including VAT hikes and higher taxes
Miruna Brosban
Politics
https://www.shutterstock.com
Always see our news on Google
The package of fiscal measures under negotiation at the Cotroceni aims to significantly increase taxes and eliminate some tax breaks, with the aim of bringing more than 40 billion lei to the state budget. They are discussing raising VAT from 19% to 21% or 22%, including on basic products. The corporate tax could also rise from 16% to 19% and the tax on dividends to 16%. The measures could also include tougher taxation of pensions and the abolition of some facilities for copyright contracts. Public sector spending cuts are also planned.
Sources
Latest News
22:26
The president of the Călărași County Council says that the properties in Italy were purchased with declared dividends and accuses political attacks
22:19
Mircea Abrudean condemns the AfD leader’s statements about Romanians in Germany: “Romania must be a firm voice when its citizens are targeted by such rhetoric”
22:10
Prime Minister Luca Niculescu discussed Romania’s accession to the organization with the OECD Secretary-General: “Romania has made sustained efforts, implementing major reforms”
21:53
EIGE calls for disinformation targeting women to be included in monitoring electoral threats and election preparations
21:48
Luca Niculescu on the budget situation: “You can no longer introduce austerity measures without stirring up even greater tensions”
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
