800 Million Euros for the Treasury. The Rulers Passed a Key Tax Measure - Politics — News Standard
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The budget committee in parliament approved in first reading a one-time tax of 33% on excess profits of banks and companies from several other sectors. The decision was made despite the lack of an opinion from the European Central Bank on the taxation of the banking sector. The government expects the measure to bring 800 million euros to the budget for 2027, but the proposal has met with serious resistance from the opposition and employers' orga…
The opposition and business doubted that the government would be able to collect the planned 800 million euros from the "excess profit" tax. During the discussion of the new extraordinary tax for six sectors in the country - banks, insurers,...
The Budget and Finance Committee of the National Assembly approved on first reading the amendments to the Corporate Income Tax Act, which introduce a one-time tax of 33% on excess profits of companies in certain economic sectors. The proposal received the support of 13 deputies, eight voted against, and one abstained. The new tax will cover banks, insurance companies, […]
The government has taken an important step towards securing additional revenue for the budget in 2027. The parliamentary committee on budget and finance approved at first reading the introduction of a one-time tax of 33% on excess profits of companies in certain economic sectors. The measure is expected to bring 800 million euros to the state treasury, without changing the taxation of ordinary corporate profits. At the same time, the government …
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