Thursday, May 7, 2009

A raise in taxes in Romania

From the first of may taxes were raised in Romania by the Government.

It’s not a direct raise, but by introducing a minimum tax on companies even if the companies are not making any profit.

Forcing companies in paying VAT for automobiles less than 3.5 tones, VAT for fuel and maintenance expenses for cars made another indirect raise in taxes.

These measures are taken in 2009 when the GDP will decrease by 4%.
I hope the Government is only stupid and not mischievous.

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