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Freedom of information in Romania is regulated by a framework law on free access to public information (2001) and by a set of regulations. Other relevant laws concern classified information (2002), transparency in decision-making (2003), transparency in public office, in commercial transactions and in debts of the state (2003).
The National Agency for Fiscal Administration (Romanian: Agenția Națională de Administrare Fiscală, ANAF) is the revenue service of the Government of Romania. ANAF was established on October 1, 2003, under the Ministry of Public Finance and became operational in January 2004. [1] [2]
The new expatriation tax law, effective for calendar year 2009, defines "covered expatriates" as expatriates who have a net worth of $2 million, or a 5-year average income tax liability exceeding $139,000, to be adjusted for inflation, or who have not filed an IRS Form 8854 [20] certifying they have complied with all federal tax obligations for ...
The European Commission expects Romania's deficit will rise to 6.9% of gross domestic product by the end of 2024, and further still, to 7% of GDP in 2025 - the highest forecast in the bloc.
In the first place, the right to access public information is recognised as a fundamental right and as a component of the right of freedom of expression in the Article 19 of the Universal Declaration of Human Rights; in the Article 19 of the International Covenant of Civil and Political Rights; and in the Article 13 of the American Convention ...
Romania adopted 1 January 2005 a flat tax of 16% to improve tax collection rates. Romania subsequently enjoyed the lowest fiscal burden in the European Union, until Bulgaria also switched to a flat tax of 10% in 2007. Since 2018 the flat rate was lowered to 10%. Romania posted 6% economic growth in 2016, the highest among European Union member ...
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A country's tax environment is considered as more attractive, the more the value of the index approaches one. The T.A.X. is an alternative measurement to the statutory tax rate, and can be considered to be a more accurate proxy for a country's tax environment. Many high tax countries, especially in Europe, offer extremely favorable tax conditions.