Romanian PM: Govt. won’t introduce additional tax on turnover

The previously announced tax on turnover will not be introduced, and Romania will remain predictable about its financial-tax system, Romainan Prime Minister Mihai Tudose said yesterday at the end of his meeting with European leaders in Brussels.

The premier added that he tackled this topic in the conversations with the European Commission President Jean-Claude Juncker, and Frans Timmermans, First Vice-President of the European Council.

Mihai Tudose said that it is becoming increasingly clear that the turnover tax “cannot be introduced”.

Tudose also mentioned that Romania’s budget deficit would remain within the target of 3%.

Romania’s Government could drop some of the announced fiscal changes

One in three companies in Romania risks insolvency on new turnover tax

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