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Romania’s business environment reels from “fiscal revolution”

After the authorities unleashed a raft of major fiscal changes at the end of last year, likened by some pundits to a storm, large companies and smaller business owners alike were left with only a short time to amend their business plans following the transfer of social contributions from employers to employees, the approval of the split VAT system and the reduction of income tax from 16 to 10 percent, business-review.eu reads. Romania’s fiscal ...

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