





1,300 Euros lump tax for companies
According to a statement made on March 26 by Finance Minister Gheorghe Pogea, 80% of the companies report losses twice the value of profits, thus avoiding tax payment and causing unfair competition on the market.
"Out of 617,525 companies in Romania, 12,000 ensure 85% of the public income by paying their taxes", said Pogea. According to the official, in 2007, 242,000 companies reported losses.