The government decided to raise the VAT after a meeting on Saturday. The emergency ordinance also foresees taxing food and gift tickets, compensatory payments and interests from deposits and current accounts. According to the new regulations, a 25 percent tax will be applied for gambling gains starting July 1. The stipulations imposing additional taxes for ...
“As pensions can no longer be cut by 15 percent following CCR’s decision and the recalculation will only include nine or ten thousands of pensions, the government has to come up with another way to get about 1 billion euros,” said the same sources, adding the increase of VAT, to 24 percent most probably, is ...
He also mentioned the projection on the gross domestic product (GDP) advance for the end of the year still stands at 0.8 percent. IMF expects Romania to record the best economic performance in Europe next year, with a 5.1 percent advance of the GDP, although it revised estimates on this year’s economic increase from 1.3 ...