November 25, 2017

Collection of taxes will increase after ANAF restructuring – AmCham

The restructuring of the National Agency for Fiscal Administration (ANAF) can lead to an increase of the collection rate of taxes and dues by 5-6 % of the GDP, like it happened in Bulgaria, from 31-32 % of the GDP now. Even so, the indicator would still remain under the EU average of the EU. “Romania now has a collection rate of 31-32 % of the GDP, Bulgaria is heading towards 35 %, while the European average stands somewhere at 39-40 %. After the reform of the Romanian system, we hope to reach a level similar to Bulgaria and to get close to the level of the European Union,” Mihaela Mitroi, President of the AmCham Romania Tax Committee said yesterday. She explained that Poland, too, unfolds such a project of modernization, partly financed by the EU with non-reimbursable funds of about EUR 70 M. Still being implemented, the programme already led to an increase of the collection rate by 1-2 % of the GDP.

Source: Nine o’clock (read more)

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