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The measures imposed by the COVID-19 pandemic cost a lot. Do we have a plan to increase budget revenues?

The measures imposed by the COVID-19 pandemic cost a lot. Do we have a plan to increase budget revenues?

Opinion material by Vlad Boeriu, Fiscal Services Partner, Deloitte Romania

The decrease in revenues to the state budget, reported by the Ministry of Public Finance through the budget execution at three months, confirms the expectations, considering that the companies could opt, in March, for the postponement of the payment of taxes. The situation could improve slightly in April, due to the bonuses granted for the timely payment of the profit tax.

For more information, please see the Romanian version of the article, here.

 

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DELOITTE ROMANIA