Representatives of the Finance Ministry, tax consultants andbusinesspeople yesterday debated the main modifications brought tothe tax legislation and their consequences at the ZF conference"Emergency modifications of the Fiscal Code. How they will impactthe business world," organised in partnership with law firm NNDKPand tax consultancies PWC and Scot&Company.
Dan Lazăr, secretary of state in the Finance Ministry in charge offiscal policy, gave assurances that there were no plans to modifythe VAT or the flat rate this year. As for enforcement guidelinesof the ordinance on undeclared incomes, they are set to befinalised by the end of February. Dragoş Bogdan, vice-president ofANAF (National Fiscal Administration Agency) in charge of thefinancial/tax control department cited the assistance received fromthe IMF and the European Commission to finalise these norms. On theother hand, tax advisors Mihaela Mitroi, tax advisory partner ofPwC, Dragoş Doroş, partner of NNDKP Tax Advisory Services, and DanSchwartz, managing partner of Scot&Company Consulting, talkedabout the importance of fiscal stability and predictability andabout the need for clear application norms for the fiscalmodifications approved at the end of last year.
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