Romania collects EUR 1.4 billion more in taxes
Romania’s Tax Authority ANAF increased its collection in the first four months of the year by EUR 1.4 billion year-on-year. It collected EUR 14.8 billion, up 11% over the same period last year.
Romania Insider · Journalist
· Updated · 1 min read
Romania’s Tax Authority ANAF increased its collection in the first four months of the year by EUR 1.4 billion year-on-year. It collected EUR 14.8 billion, up 11% over the same period last year.
It also exceeded by 6.56% the collection program in the budget.
In April 2015, its revenues amounted to EUR 4.2 billion, up 10.64% over April 2014. The share of the revenues in the GDP for the first four months of the year went up from 8.87% to 9.34%. The social security budget increased by 0.22% despite the 5% cut in social contributions (CAS). This means Romania managed to counterbalance the negative effect of reducing the CAS, according to ANAF. editor@romania-insider.com
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