Tax consultants: Plan to fight evasion actually hurts honest taxpayers
The steps to fight tax evasion promoted by the Government will
not reduce the size of the informal economy, but will affect those
economic operators that pay their taxes regularly, will generate
arrearage in the economy and lead to increased reluctance on the
part of foreign investors when it comes to investing their
resources in Romania, say most tax consultants working with major
companies in the field.
The main problem is that the authorities are focusing only on how
to collect more money to the state budget, instead of pursuing
creation of a viable taxation system, consultants say.
The changes made by the Emergency Ordinance recently endorsed by
the Government will affect first of all the companies conducting
export-import operations to and from the European Union, which
should register in a new database - "Intra-community Operators
Registry" within ten days, as their VAT numbers will no longer be
valid for such operations starting July 1.