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Romanian Govt defies European Commission on registration tax

de     HotNews.ro
Vineri, 12 ianuarie 2007, 0:00


Romanian Finance minister Sebastian Vladescu and Environment minister Sulfina Barbu said in a press conference on Friday that the first registration tax for cars would remain in place in Romania. The announcement comes amid European Commission criticism that the tax is not in line with EU regulations.

The two said Romanian authorities will soon renew talks with EU officials regarding the value the new tax would amount to.

The first registration tax, applicable to new and used cars, is applied starting January 1, 2007, when a new Fiscal Code entered force in Romania. It was presented as an anti-pollution measure but it was criticized as a move to bring advantages to local producers and importers of new cars, against the interest of second-hand car sellers.























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