Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Biris, about the fiscal measures: We closed Romania...

Biris, about the fiscal measures: We closed Romania for investments

October 26, 2023

Romania will be closed for new investments as no investor will accept to invest in a country where he has to pay taxes before recovering his losses, stated on Wednesday Gabriel Biris, partner with Biris Goran, at the digital professional debate:’ What have we got out of it? The effects of the fiscal measures package on the economy’, organized by the Coalition for Freedom of Commerce and Communication. He stated that the situation was created as a result of the fact that ‘the budget for 2023 was wrong’ and the Ministry of Finance’ inflated revenues and committed expenditures’ but the revenues were not realized.According to Biris, the measures affecting the Fiscal Code could be divided in two, namely measures coming in an area of normality and measures with negative impact.‘The measures in the Fiscal Code, I would divide them in two categories. I will start with the less damaging, those I consider in an area of normality, namely the changes for microenterprises and some changes as regards the basis for calculating social security contributions for self-employed persons’ said Gabriel Biris.On the other hand, he stated that there are toxic changes, mentioning turnover tax, saying that it is an income tax.Similarly, he referred to supplementary taxation of 2% for the banks, saying that it will affect the health of the banking system. At the same time, he mentioned the supplementary tax for the oil and gas industry, measure which will affect Romgaz, Petrom and Black Sea Oil&Gas.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/biris-about-the-fiscal-measures-we-closed-romania-for-investments/105111
Read in full - click here
Junot Díaz, Tracy Chevalier, Michel Bussi: Iași literature festival announces first guests at 2025 edition

Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]

A Taste of Nature: Michelin-Starred Chef Theodor Falser brings his culinary artistry to JW Marriott Bucharest

Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]

Government: IMF backs Romania’s fiscal measures, sees 1% GDP growth in 2025

The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]

Romanian theater stages robot-only performance exploring technology and e-waste

The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]

Emmy Stoel appointed as the new General Manager of InterContinental Athénée Palace Bucharest

With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]

Update: Six knives found on woman trying to enter Romanian Parliament

Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...