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Trends in personal wealth taxation

People with large fortunes began to understand that relationships with tax authorities must become more elaborate than they were in the past.

Also, in most cases, tax authorities have demonstrated that they want to develop a more transparent communication with taxpayers, reaching to a better utilization of resources and time. These are the findings of "Wealth under the spotlight" Report, prepared by EY, considering the accelerated changes in fiscal policy and the increasing dissatisfaction of the contributors regarding to the excesses of the tax system .

 

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

Authors

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ERNST & YOUNG SRL