Romanians may queue to collect receipts so as to benefit of fiscal deductions

Romanian prime-minister Emil Boc has declared that citizens who collect receipts after purchasing goods and services will receive part of their money back through tax deductions and house rehabilitation facilities.

The project is intended to counteract tax evasion. The government will set an annual limit, of which a percentage will be returned to the consumer. According to Mediafax, in the first semester of 2010, the Financial Guard has suspended 3,500 firms for not possessing electronic cash registers and not emitting a payment receipt.

“My objective is for the legislative act to take effect in the fourth quarter of 2010 or no later than January 1, 2011”, Boc declared on the national television channel.

Corina Dumitrescu

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