Finance Minister Marcel Bolosh said on Monday evening that a 1% tax for multinational companies, which is seen as a minimum income tax, is being discussed, but he clarified that he expects criticism, News.ro reported.

Asked on Monday evening on Digi 24 whether the intention is to introduce a 1% tax for multinational corporations or whether the 16% tax is not 1% of turnover, Marcel Bolosh said: “There is such a debate, it is seen as a minimum income tax, although we may face criticism.”

The minister explained that those who are in the zone of fiscal losses will comment on such a decision, even if they are corporations and transnational corporations with a turnover of tens of billions.

“Here we can say that we could intervene in ANAF and carry out more thorough control, but until the institutional capacity of ANAF is strengthened, we must have this form of protection of the interests of the state, because they are transnational corporations that either have fiscal losses from turnover in the tens of billions and the profit is in the order of billions, or they have a very small profit, almost negligible, and the turnover is about tens of billions of lei,” the Minister of Finance also stated.

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