The Government will continue to tax companies' losses in 2010 by preserving the minimal tax on the turnover, although the lump-sum tax would be a fairer taxation and an effective instrument in the fight against tax evasion, believe fiscal consultants.
It is obvious for the entire market that the lump-sum tax draft law has been pushed back until 2011 in order for the Government to be certain that around 1 billion RON will be collected to the budget from the minimal tax. Moreover, the Finance Ministry has yet to find a version of the lump sum tax that is not considered unjust by the various categories of merchants and service providers targeted - bars, restaurants, taxi drivers, small hotel operators, hairdressers, repair shops and car washes.
The Government will continue to tax companies' losses in 2010 by preserving the minimal tax on the turnover, although the lump-sum tax would be a fairer taxation and an effective instrument in the fight against tax evasion, believe fiscal consultants.
It is obvious for the entire market that the lump-sum tax draft law has been pushed back until 2011 in order for the Government to be certain that around 1 billion RON will be collected to the budget from the minimal tax. Moreover, the Finance Ministry has yet to find a version of the lump sum tax that is not considered unjust by the various categories of merchants and service providers targeted - bars, restaurants, taxi drivers, small hotel operators, hairdressers, repair shops and car washes.
