{"id":2902,"date":"2024-12-06T08:15:33","date_gmt":"2024-12-06T08:15:33","guid":{"rendered":"https:\/\/ofero.news\/?p=2902"},"modified":"2024-12-06T08:15:33","modified_gmt":"2024-12-06T08:15:33","slug":"romanian-government-corrects-ambiguous-provision-on-turnover-tax-levied-to-oil-companies","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=2902","title":{"rendered":"Romanian government corrects ambiguous provision on turnover tax levied to oil companies"},"content":{"rendered":"<p>The Romanian oil, gas, and fuel companies with a turnover of more than EUR 50 million will continue to pay the minimum tax on turnover of 0.5% \u2013 not 1.5%, as a Fiscal Code provision recently passed by lawmakers and promulgated by the president seemed to suggest,<a href=\"https:\/\/www.economica.net\/petrolistii-scapa-de-triplarea-impozitului-pe-cifra-de-afaceri-rompetrol-era-cea-mai-afectata-companie-guvernul-repara-ce-stricase-parlamentul_793352.html?mc_cid=2e2b1ac90e&amp;mc_eid=cd1f92f96c\" target=\"_blank\"> Economica.net<\/a> reported.<\/p>\n<p>On December 4, the government adopted a regulatory act that, among other things, modifies some provisions of the Fiscal Code, some with a direct impact on companies in the oil and gas sector for which a law recently adopted in Parliament and promulgated stipulated the tripling of the turnover tax, from 0.5% to 1.5%, starting next year.<\/p>\n<p>The government has now decided that companies in this sector, which already owe a turnover tax of 0.5%, are exempt from the obligation to pay the general 1% turnover tax imposed on companies with annual turnovers of over EUR 50 million.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\">Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The Romanian oil, gas, and fuel companies with a turnover of more than EUR 50 million will continue to pay the minimum tax on turnover of 0.5% \u2013 not 1.5%, as a Fiscal Code provision recently passed by lawmakers and promulgated by the president seemed to suggest, Economica.net reported. On December 4, the government adopted [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2902","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2902"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/2902\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}