Prime Minister: 16% Flat Tax Remains Unchanged

According to Romanian Prime Minister Emil Boc, the Government has no plans to increase, lower or eliminate the 16% flat tax, even though it is considering different scenarios. "We are currently not talking about raising or lowering the flat tax. We are considering different scenarios but, I repeat, the flat tax currently stays at 16%," Boc said.

 

The Prime Minister also said, on Friday, that the Government will scrap the minimum tax imposed on companies as of this fall. "The minimum tax will be eliminated starting with the fall. The minimum tax already produced its intended effect and it will be cancelled in the fall," Boc assured. Also Friday, Economy Minister Adriean Videanu said the minimum tax could be eliminated as of October 1 or November 1.