Taxing work in Romania over the EU average. Example: out of 10,225 lei spent by the company, the employee receives 5,850 lei. TOP Romania has a tax on income of only 10%, among the smallest in the European Union, but the high social contributions make the total burden on wages exceed the European average. Taxing work affects especially employees with low and medium incomes, because the system is very little progressive. How much does the total c…
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Taxing work in Romania over the EU average. Example: out of 10,225 lei spent by the company, the employee receives 5,850 lei. TOP Romania has a tax on income of only 10%, among the smallest in the European Union, but the high social contributions make the total burden on wages exceed the European average. Taxing work affects especially employees with low and medium incomes, because the system is very little progressive. How much does the total c…