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Lump tax requested by IMF, officials say

de Radu Rizea     HotNews.ro
Marţi, 7 aprilie 2009, 11:55 English | Business

Officials in the Small and Medium Enterprises (SMEs) Council declared on Tuesday that the negotiations between social partners and the Finance Ministry reached a "sort of consensus", after the Finance Ministry officials claimed that the lump tax for companies is one of the requests made by the International Monetary Fund (IMF).

The 0.5% tax on business will be eliminated. The lump tax will be applied as following:

- 500 Euros tax for companies with a business figure between 0 and 12,000 Euros per year;
- 1,000 Euros tax for companies with a business figure between 12,000 and 50,000 Euros per year;
- 1,500 Euros tax for companies with a business figure between 50,000 and 100,000 Euros per year;
- 2,000 Euros tax for companies with a business figure between 100,000 and 1,000,000 Euros per year;
- 2,500 Euros tax for companies with a business figure between 1,000,000 and 5,000,000 Euros per year;
- 5,000 Euros tax for companies with a business figure between 5,000,000 and 30,000,000 Euros per year;
- 2,000 Euros tax for companies with a business figure over 30,000,000 Euros per year;
























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