Romania's Government wants to tax products with high sugar content

Romania’s Finance Ministry will introduce a special tax on foods and beverages with high sugar content. This could apply from 2018 and could include other products that present a risk for health, the newly appointed finance minister Ionut Misa said on Thursday, June 29, reports local Profit.ro. He explained that Romania would follow the examples of other European states. Producers would cover the tax in this case, so the new tax would not affect consumers, the minister added. It will probably be a percentage of the turnover or the production volume. Major tax change: Romania’s new Govt. wants to go after multinationals with new tax on turnover Project in Romania: Solidarity tax for salaries above EUR 3,200 editor@romania-insider.com