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OTE’s Telekom Romania Mobile charged EUR 33 mln for underdeclared incomes

October 21, 2024

Romania’s tax collection agency ANAF calculated EUR 33.5 million supplementary VAT and corporate tax, including the fines, interest, and penalties for Telekom Romania Mobile Communications (TKRM), controlled by the Greek group OTE, following a tax inspection carried out for the fiscal years 2017-2021.

Telekom Romania Mobile reported EUR 287 million in revenues and EUR 17 million EBITDA for the entire year 2023. 

OTE reached an agreement to sell TKRM to Romania’s major telco...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/telekom-romania-mobile-undeclared-incomes-oct-2024
Read in full - click here
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