BUSINESS

Deloitte: Romania risks coming to EC’s attention new energy tax-wise

Romania risks coming to the European Commission’s attention with respect to the newly imposed additional taxes on electric power, natural gas or coal, which could be considered as ‘tax provisions in at odds with the European legislation,’ the Deloitte consultancy company said in a press release. The chief non-compliances signaled by Deloitte are the taxes charged on each MWh invoiced by electric power and natural gas transport and distribution operators and the 0.5 pc tax levied on the revenues of natural resource, (including coal) extraction and marketing companies. The tax on additional revenues to be paid by economic operators which deal in the extraction and marketing of natural gas will be charged on 60 pc of the calculus basis and will be applied February 2013 thru December 2014.

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