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Education in Romania is free and compulsory until age 16, when children are eligible for part-time work. Free school meals are provided for all children, and there is no requirement that parents or guardians pay for class supplies. [10] Children up until the age of 18 also receive subsidies for public transportation to and from school. [11] [12]
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.
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
If you can’t afford a tax professional, you can receive free tax preparation at the Volunteer Income Tax Assistance if you made $60,000 or less last year, are disabled, a senior citizen, or have ...
For earnings between £100,000 - £125,140 employees pay the 40% higher rate income tax + removal of tax-free personal allowance + 2% NI (effectively a 67% marginal rate). The top tax rate on dividend income is 39.35%. Capital gains top tax rates are 20% for securities and 28% on property gains.
Checks at land borders with Bulgaria and Romania will stop from Jan. 1 after Austria dropped a veto it had maintained on grounds they needed to do more to stop illegal immigration. While air and ...