Moorcroft Services Romania

https://www.romania-insider.com/govt-hike-benchmark-property-taxation?utm_source=Romania+Insider+Newsletters+Database&utm_campaign=2ec00c66b1-EMAIL_CAMPAIGN_4_23_2020_8_3_COPY_01&utm_medium=email&utm_term=0_ece3d6d4cf-2ec00c66b1-405651693&mc_cid=2ec00c66b1&mc_eid=af217f107b

Romania's Govt. to hike benchmark used for property taxation by 50% The Romanian Government decided to increase the benchmark price per square meter used to calculate the taxes on buildings by 50% effective as of 2023, Prime Minister Nicolae Ciuca confirmed. Anyways, the local administrations - which set, collect and use these revenues - have the freedom to...

Ruling partners in Romania close to agreeing on tighter taxation The Social Democratic Party (PSD) and the Liberal Party (PNL) still have to put the final touch on the amendments to the Fiscal Code, but they have already reached an agreement on several key elements. Thus, the dividend tax will rise from 5% to 8%, the excise duty on to***co and alcohol will...