Page 4 - Fiscal Code News Today

First, please permit me a little bit of digression as always.

Legal - On 26 September, the Romanian Government approved by way of Law No. 296/2023 (the “Law”) important fiscal measures intended to reduce the budget deficit

The exit from the insolvency of the Romanian state is done on the back of the business environment by means of law 296/2023 through which new fiscal measures were introduced, the participants of the conference "Austerity measures vs. the business environment" organized by the Chamber of Commerce argued yesterday of Commerce and Industry of Romania (CCIR) in partnership with the law and consultancy firm Piperea&Asociatiţii.

* The most affected will be small and medium-sized companies, their profitability and competitiveness will be eroded

Pennsylvania’s budget is constitutionally required to be completed by June 30 every year. Sadly, only 75% of this year’s budget bills have been completed, with the tax and fiscal code bills remaining. The Pennsylvania House of Representatives passed House Bill (HB) 1219 (Tax Code) on a party line vote and amended HB 1300 (Fiscal Code) […]

The change of government at the end of the first semester of this year apparently did not bode well for Prime Minister Ciolacu's team, which found itself with a budget deficit that is increasingly difficult to control and manage, with the Voluntari asylum scandal that led to the replacement of the ministers Gabriela Firea and Marius Budai from the government, with the explosion in Crevedia where the corruption in the state showed its true face causing more victims, with the Russian drones th...

Democrats who control the state House and Republicans who control the state Senate have put forth vastly different proposals.

The new school year brought us new fees and taxes in the first month of autumn, following the fiscal changes assumed in the Government Parliament to reduce the budget deficit. Threatened by the European Commission with the cut of allocations from EU funds, the Ciolacu government had to, after inheriting the draft law on new fees and taxes throughout the summer season, go with it to the Parliament, hoping that it would be approved at the Ecofin Council meeting the new budget deficit target that i...

The limitation of cash payments is not a measure to combat tax evasion or corruption, given that a number of Western countries have not imposed such limitations, but have a better collection of taxes and fees than Romania, he stated, on the page Facebook official, deputy Claudiu Năsui (USR), former Minister of Economy in the Cîţu government.

How would you feel if somebody moved into your house, sectioned-off half of your rooms and refused to pay rent?