What's New

  • » 18.05.2012 - Journalists win lawsuit against the tax authorities. The Bucharest Court of Appeal repealed retroactive payment of VAT on copyrights... [ more ]
  • » 18.05.2012 - Romania might keep industrial property taxes unchanged at 2006 level until 2014... [ more ]
  • » 17.05.2012 - Romania’s new healthcare law might introduce tax on fast food, beer ... [ more ]
  • » 17.05.2012 - Agriculture Minister: Perhaps a 9% VAT for bread will not reduce prices, but it will lower tax evasion by 15 - 20% ... [ more ]
  • » 16.05.2012 - Possible reduction in VAT on bread in Q3 ... [ more ]
  • » 16.05.2012 - ANAF press release: Filing income tax returns for 2011 ... [ more ]
  • » 14.05.2012 - How will the taxes on salaries be changed? ... [ more ]
  • » 14.05.2012 - Good news for investors in the Government’s letter to the IMF: Tax on capital gains to be simplified by June ... [ more ]
  • » 14.05.2012 - Fiscal Council has calculated the level of tax evasion in Romania ... [ more ]
  • » 14.05.2012 - Romania's healthcare budget to lose RON 1 billion yearly by eliminating part of pension contributions ... [ more ]
  • » 14.05.2012 - What is simplified VAT and how is it applied? ... [ more ]
  • » 14.05.2012 - Finance Minister OKs Prime Minister to cancel retroactive payment of VAT on copyrights ... [ more ]


 
banner left

Regulatory

A A A

Amendments to the Fiscal Code Norms - March 2011

Changes or additions brought by Government Decision no. 150/2011 regarding the Methodology Norms of the Fiscal Code in relation to the mandatory social security contributions.

Read the Alert


New regulations regarding the coordination of social security systems for seconded / independent workers moving within the European Union

E101 Certificates will gradually be replaced with electronic confirmations, with a transition period of a maximum of two years for the implementation.

Read the Alert



 

Prolonged relief measures related to social security contributions applicable for 2010

According to the Ordinance, effective from February 2010, both employer and employee are exempted from paying social security contributions for a period not exceeding 90 days, in the event of interrupted or reduced activity.

Read the Alert



 

Measures to stimulate job creation and reduce unemployment in 2010

Employers that hire unemployed individuals during 2010 will be granted a six-month exemption from social security contributions.

Read the Alert



 

Social security budget law for 2010

The average gross monthly salary has increased from RON 1,836 for 2010 to RON 2,022 for 2011.

Read the Alert



 

Draft changes of the pension law and substantiation note

The draft changes were made available on the website of the Ministry of Labour, for public debate. IMF representatives have made public statement on reaching an agreement with Romanian authorities on the content and the adoption deadline of fiscal responsibility law and pensions law.

Read the draft changes and the substantiation note



 

Amendments to the compliance procedure for unemployment insurance budget liabilities

Order no. 1.454/2009 amends the procedure for the monthly declaration of persons who are insured in the unemployment fund and of unemployment insurance budget liabilities.

Read the Alert



 

Amendments to social protection measures for employees and employers in the event of temporary interruption or reduction of activity

This law approves Government Emergency Ordinance no. 28/2009 regarding social security measures.

Read the Alert



 

Ask a question
Ask a question