Production 
Over 70% Of Romania’s Wine Production Isn’t Taxed
Ovidiu Gheorghe, general manager of Romania’s winemakers association, estimates that over 70% of Romania’s annual wine production, or about 4 million hectoliters, isn’t taxed and goes to the black market and winemakers’ own consumption. "Romania's annual wine output is of 5.5 million hectoliters, but taxes are paid for only 1.5 million hectoliters. The rest is self-consumption and the black market," Gheorghe said. The official thinks that the Government should only exempt individual winemakers from taxation for a maximum 20 hectoliters of wine, and people making 20 to 1,000 hectoliters should be taxed. He added that because of black market wine Romania loses an annual EUR100 million. He also said another problem with Romania's wine market is that it makes mostly (60% of the total output) white wine, while the European market generally demands red wine. The Government should give financial incentives to... citeste mai mult
