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Articles - impozite

Romania’s government to keep flat tax of 16 percent

PM Victor Ponta said on Thursday Romania will maintain its flat corporate tax as this one of the decisions of the ruling coalition USL, adding a progressive taxation mechanism is out of question for the moment, reports Mediafax newswire.

JLL: Flat Tax Increase Will Postpone the Real Estate Investors Return

The eventual increase of the flat tax will damage Romania’s competitiveness, and the negative effects could not be counteracted by VAT decrease, has declared Gijs Klomp, head of Jones Lang LaSalle (JLL), saying that all the real estate market segment will be impacted by such a measure.

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