Romanian tax experts warn against planned tax reforms
The Romanian Chamber of Tax Consultants (CCF), in a message published on August 21, addressed to the Finance Ministry, warned that the reforms under the draft law published for consultations on August 14 not only have a negative economic…
iulian ernst · Journalist
· Updated · 2 min read
The Romanian Chamber of Tax Consultants (CCF), in a message published on August 21, addressed to the Finance Ministry, warned that the reforms under the draft law published for consultations on August 14 not only have a negative economic impact but some of them are ambiguous and breach the existing international agreements.
CCF also argued that radical provisions in the tax reforms proposed by the ministry, aimed at targeting the shifted profit and the fraud carried out through companies under financial strains (negative net worth or equity under 50% of share equity), could have been tackled via the existing instruments.
