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KPMG: VAT and CAS are the heaviest taxes in Romania

VAT and social contributions (CAS) are considered the heaviest taxes in Romania by entrepreneurs who answered an opinion poll made by KPMG Romania.“VAT is the champion of all taxes (43% of people interviewed say VAT is the heaviest tax), which is very high. Social contributions come second. Romania ranks second or third in Europe, for the size of social contributions. Income tax ranks third (10%) and then there are excises and local ...

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