Romania

Details

  • Service: Tax
  • Type: Regulatory update
  • Date: 5/28/2013

Financial Transaction Tax 

Romania announced during the ECOFIN conference held in Brussels in January 2013 that the FTT Directive will not be implemented in the national legislation in the first stage along with the other participating states, as the tax might have a negative impact on the already fragile economic environment in Romania.
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