The Minister of Finance Announces the Elimination of IMCA and Promises Not to Increase Taxes in 2027. What Happens to PNRR Money
9 Articles
9 Articles
Finance Minister Alexandru Nazare said Tuesday that the state budget for 2027 must be built on realistic estimates and a strict discipline of public spending, warning that Romania can no longer afford to finance investments without a careful assessment of economic benefits. The official stressed that the reduction of the budget deficit must continue, and the ministries will be obliged to justify the programs for which it requests funds. Article …
Finance Minister Alexandru Nazare promised at the 2026 Tax & Technology Summit that "2027 will be the first year without IMCA (Minimum turnover tax) and that the Government wants to give up, "as far as possible, all the taxes it has called "toxic", which discourages development and investment. He did not specify which one ...
The budget for 2027 must be built responsible and cannot represent a simple summation of all requests for funding from the ministries, said Finance Minister Alexandru Nazare on Tuesday. He claimed that Romania has...
Finance Minister Alexandru Nazare announced that next year the companies will no longer pay the minimum turnover tax (IMCA), after it was reduced this year. Nazare argued and that the government does not intend to increase taxes in 2027, but warns that the avoidance of new tax measures depends on the reduction of [...]
The car industry contributes more than 13% to Romania's GDP, and our country became the seventh car manufacturer in the European Union in 2025. Prime Minister Luca Niculescu announced fiscal measures and investments to support the sector.
Prime Minister Luca Niculescu: Government will eliminate minimum turnover tax from January 1, 2027; TechUp Romania program, over 5.3 billion lei, can support investment in the car industry
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