The Fiscal System in Romania

Authors

  • Antonela Maricica Cazan Danubius University

Abstract

The fiscal system in Romania refers to all the laws and rules that govern the taxes and fees paid by individuals and legal entities to the state. This includes income tax, VAT, excise duty, property tax and other duties and taxes. In addition, there are tax incentives such as tax deductions and tax exemptions for certain types of activities or investments. The Romanian tax administration is responsible for the collection of taxes and duties and for ensuring tax compliance of taxpayers. There is also a system of sanctions for those who break the tax rules, such as fines and penalties.

Published

2024-02-13

Issue

Section

Abstracts