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August 9, 2022
BUSINESS

Higher local taxes and dues, starting January 1 2013

Local taxes and dues will increase by 16.05 pc starting January 1st 2013, according to a draft Government Decision made yesterday by the Ministry of Finance and approved by Premier Ungureanu, HotNews.ro reports. In compliance with art. 292 of Law 571/2003 on the Fiscal Code, with subsequent changes and completions, starting with the fiscal year 2013 the levels of local taxes and dues, and fines applicable as of 2010, are actualised with the inflation rate for the last 3 years since the latest increase, respectively with 16.05 pc for the interval 2010-2012. By updating local taxes and dues with the inflation rate, incomes to local budgets are expected to increase by RON 891 M.

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