
A fiscal system that is not predictable is a thorn in the side of entrepreneurs. An amendment to the Fiscal Code turns their plans upside down.
The Tax Code states that any changes must be made 6 months before the measures take effect.
Well, the Ministry of Finance came up with a draft emergency order, which stipulates that 6 months are not needed for: “changes and/or additions, which introduce new taxes, fees or mandatory contributions, increase existing ones, eliminate or reduce existing benefits, in emergency situations of excessive budget deficit, the procedure established in accordance with the Treaties of the European Union and subsidiary rules agreed at the European level”.
The Fiscal Code also provides that if the law introduces new taxes, fees or mandatory contributions, increases existing ones, cancels or reduces existing benefits, they will take effect on January 1 of each year and will remain unchanged for at least that year. year.
Well, an exception was introduced in this point.
The term of exclusion of the project from the Fiscal Code– click to open
That is, to introduce and increase taxes when they want, without being limited by law.
We remind you that a number of fees and taxes will be increased in accordance with the project adopted by the PSD-PNL coalition. It is about increasing VAT on various goods and services to 9% or 19%, as well as additional taxation for micro-enterprises, large companies, banks, PFO, etc.
Source: Hot News

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.