Senate budget commission says OK to income tax drop
The proposal to cut the income tax from 16 to 10 percent has passed the budget commission in the Senate. The proposal to diminish the flat tax was submitted to the Senate in June this year by a group of senators from the Democratic Liberal…
Romania Insider · Journalist
· Updated · 1 min read
The proposal to cut the income tax from 16 to 10 percent has passed the budget commission in the Senate. The proposal to diminish the flat tax was submitted to the Senate in June this year by a group of senators from the Democratic Liberal Party (PDL), among which current Economy Minister Ion Ariton. However, the Government, majority made of PDL members, said it was not supporting this legislative initiative, which requires the Parliament Vote to be enforced. Romania-insider.com
