“The payment of taxes to the state after payments have been received would be very beneficial, would have been a rush of oxygen for small and medium-sized companies, a freeing up in the area of cash-flow, by which, practically speaking, the budget would not have lost any money. On the other hand, other measures to raise taxes were made arbitrarily and much too soon,” Tatomir told Business Standard.
The decision to raise social security payments is one of the measures that will negatively impact company budgets, according to the head of Microsoft Romania, local branch of the world’s largest software producer. “Every company makes a budget. Since the outbreak of the crisis, each has already redrafted this budget, and now, overnight, it is faced with an additional cost.”
However, Tatomir believes that the relatively high percentage allocated to infrastructure projects is a beneficial measure, which is not to be found in the policies of other regional states, such as Poland.
Microsoft Romania’s CEO said that the economic climate has proven more severe than forecast in December, when the company reduced its growth estimate from 35 to 20 percent, with the positive element being a change in priorities of companies from major acquisitions of hardware to that of business management software solutions.
Although Tatomir indicated that the advance in growth could be below 20 percent, Microsoft Romania is proposing to fight a major battle to maintain growth, something that he feels will be unlikely in other countries by the end of the fiscal year, on 30 June.
