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reduce state spending, cap contributions on wages, restore the threshold for micro-enterprises

The largest bilateral business organizations and chambers of commerce send a common message to the government demanding the capping of contributions withheld from salaries – a measure that would increase employee income but also reduce state spending.

The message of the business environment comes after weeks of public debates between PSD and PNL on the topic of taxation.

The main recommendations of the business environment:

• Maintaining a single tax rate – a simple and essential tax system for economic growth, which has brought prosperity, created jobs, encouraged the formation of a middle class in Romania and which is also one of the main competitive advantages of Romania.
• The real reduction of tax evasion, including the VAT collection deficit, as well as the reduction of state expenditures. A fundamental tool for achieving this goal remains the digitization of ANAF.
• Increasing tax collection and combating tax evasion, through tougher sanctions and controls in areas where problems are identified.
• Reassessment of the framework in which micro-enterprises and PFAs are used in Romania. These are beneficial and welcome forms of organization as long as they have a well-defined purpose by law and are used in good faith, in a truly entrepreneurial manner, not to mask forms of employment.
• Restoring the fiscal system so as to stimulate work, to bring black and gray work to the surface, to reduce the exodus of employees and to bring Romanians from abroad home. This goal can be achieved by capping social health and pension contributions at a reasonable number of average wages per economy.
• Identifying the key sectors that the government wants to stimulate, taking into account Romania’s interest and the medium and long term perspective. Stimulating the export of high value-added goods and services can help reduce the trade deficit.

Message signatories: Council of Foreign Investors (FIC), American Chamber of Commerce in Romania (AmCham), French Chamber of Commerce in Romania (CCIFER), Romanian-German Chamber of Commerce and Industry (AHK), CONCORDIA Employers’ Confederation, Businessmen’s Association of Romania (AOAR), Romanian Business Leaders (RBL), Romanian-Dutch Chamber of Commerce (NRCC), Romanian-British Chamber of Commerce (BRCC), Bilateral Hellenic-Romanian Chamber of Commerce (HRCC), Chamber of Commerce for Belgium, Luxembourg , Romania and Moldova (BEROCC) recommend several directions for fiscal measures:

“The introduction of new taxes, such as solidarity, related to turnover would slow down the recovery of the economy and discourage the activity of a significant segment of contributors to the state budget, amplifying the effect of inflation already at significant levels,” the statement said. . (Photo: Moneda euro / Pexels.com)

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