Romanian tax inspectors find undeclared tax liabilities of over EUR 4 billion

10 February 2016

Romania’s Tax Agency (ANAF) discovered undeclared tax liabilities of over EUR 4 billion, following controls at local companies last year.

The amounts increased by some 34.7% compared to 2014.

ANAF ordered precautionary measures of some EUR 1.1 billion, up by 34.7% compared to 2014. The fiscal loss dropped by some EUR 601 million.

The total revenues collected by ANAF increased by over EUR 3 billion (or 8%) last year compared to 2014, reaching EUR 43.4 billion.

editor@romania-insider.com

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Romanian tax inspectors find undeclared tax liabilities of over EUR 4 billion

10 February 2016

Romania’s Tax Agency (ANAF) discovered undeclared tax liabilities of over EUR 4 billion, following controls at local companies last year.

The amounts increased by some 34.7% compared to 2014.

ANAF ordered precautionary measures of some EUR 1.1 billion, up by 34.7% compared to 2014. The fiscal loss dropped by some EUR 601 million.

The total revenues collected by ANAF increased by over EUR 3 billion (or 8%) last year compared to 2014, reaching EUR 43.4 billion.

editor@romania-insider.com

Normal
 

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