We are running out of time to reduce imbalances in the economy. This pressure has a component of political stability and social cohesion – the measures taken by the government will have to preserve social cohesion and prepare the country for next year’s elections. And there is also a fiscal component, the governor of the BNR said on Friday at the debate on fiscal changes.
BNR will support any decision resulting from this discussion, the governor also said. “Debates are the only laboratory of economists. We must first discuss” It is on the basis of this belief that we are having this debate today at The Tax Institute. Professor Murgescu said that sometimes it is extremely difficult to say complex things in simple language. I quickly looked at the research presented today and I am convinced that we need such a debate. Many debates – fiscal reforms, etc. – take place without numbers. “The decision will be political, but the basis should be numbers,” Iserescu explained.
A team of tax experts, coordinated by lawyer Gabriel Biris, will present to Prime Minister Çolak and Governor Iserescu an analysis of the repeated amendments to the Fiscal Code and their impact on society on Friday.
“Practically, in 7 and a half years, only 47.6% of the points of the New Fiscal Code remained in their original form. Moreover, the most important changes were made in the period 2017-2019 by the authors of the new Fiscal Code, which is at least inappropriate and indicates a certain superficiality in the development of the new Fiscal Code,” the analysis says.
This research was carried out between March and June 2023 by the team formed by the founders of the Institute of Taxation – Gabriel Birish (lawyer), Ruksandra Gianu (tax consultant), Ana Bobirka (university lecturer, PhD, ASE) together with Roksana Vojka-Dorobantsu ( university lecturer, PhD, ASE), Paul Chichernea (lawyer, tax consultant), Philip Cook (tax consultant).
The authors would like to thank Valentin Lazea (Chief Economist of Banca Nationala a Romania), Delia Kataram (University Lecturer, PhD, ASE, Tax Consultant and Tax Partner – Viboal), Dan Manolescu (President of the Chamber of Tax Consultants) Gabriel Sink (Managing Partner of TMF Group) and Nikolay Sichin (Head of Tax at OMV Petrom) for kindly reviewing this study and providing quality comments.
Source: Hot News
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