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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]
National Authority for Consumer Protection (Autoritatea Naţională pentru Protecţia Consumatorilor) Authority for State Assets Recovery ( Autoritatea pentru Valorificarea Activelor Statului ) National Authority for the Protection of the Rights of the Child ( Autoritatea Naţională pentru Protecţia Drepturilor Copilului )
The Ministry of Finance of Romania (Romanian: Ministerul Finanțelor) is one of the fifteen ministries of the Government of Romania. The minister's seat is currently held by Marcel Boloș. [1] The following agencies are subordinated to the Minister: National Agency for Fiscal Administration (Agenția Națională de Administrare Fiscală)
The foreign corporation will be subject to U.S. income tax on its effectively connected income, and will also be subject to the branch profits tax on any of its profits not reinvested in the U.S. [citation needed] Thus, many countries tax corporations under company tax rules and tax individual shareholders upon corporate distributions. Various ...
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.
The Government of Romania (Romanian: Guvernul României) forms one half of the executive branch of the government of Romania (the other half being the office of the President of Romania). It is headed by the Prime Minister of Romania , and consists of the ministries , various subordinate institutions and agencies, and the 42 prefectures .
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 ...
(Reuters) -Romania and Bulgaria scrapped land border controls to become full members of the European Union's Schengen free-travel area on Wednesday, joining an expanded bloc of countries whose ...