Romania to scrap 102 taxes

President Klaus Iohannis signed into law the draft bill that scraps 102 taxes, including the mandatory contribution for public broadcasters.

The bill, which was initiated by PSD head Liviu Dragnea, was attacked by president Klaus Iohannis at the Constitutional Court. After the constitutional judges ruled out that this bill does not breach any laws, the head of state sent in back to the MPs for re-examination. The MPs voted it one again in a version that was slightly amended.

The elimination of the taxes will take place in the first day of the month after the one in which the law was published in the Official Gazette.

During debates in Parliament on this bill, the head of the liberal party PNL, Raluca Turcan, warned that the public radio and TV risk becoming annexes of the government, which will manage their financing.

Meanwhile, Dragnea explained that the TVR and the public radio SRR will benefit from a more predictable stream of revenue as the two media organizations will receive money directly from the state.

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The environment stamp tax for cars and the taxes for the trade registry are also among the 102 non-fiscal taxes that will be eliminated.

Ovidiu Posirca