Taxes from More People And Businesses, In 2006, As Less Tax-Brake Will Be Granted

Next year more people and more businesses will be taxed as many fiscal breaks will be waved for banks, credit companies and insurance and re-insurance companies.

Next year more people and more businesses will be taxed as many fiscal breaks will be waved for banks, credit companies and insurance and re-insurance companies.
A lot of fiscal breaks provided for in special governmental decrees will be scraped, as they are not consistent with European Union policies, like, for instance, the facilities for the agricultural cooperatives. Also struck by the new regulations will be the importers of industrial equipment, who will have to pay now customs taxes.

Local taxes will get a hike too: the taxation on real-estate property and on land or water transportation means will go up. For instance, the current taxation of land outside localities stays at 1.1 lei per hectare; it will go up to between 9 and 40 lei per hectare, pending on the use and the quality of the land. Taxes will be levied on all products resulting from crude processing.