Romania Considering New Minimum Turnover Tax and Other Measures to Ensure Long-Term Financial Sustainability
Romania's Ministry of Finance has published a draft law for consultation on measures to ensure Romania's long-term financial sustainability. Some of the main tax measures include:
- The introduction of a 1% minimum turnover tax on companies with annual turnover exceeding EUR 50 million in the previous year, which applies when the standard corporate tax calculated is less than the minimum turnove…