PM Boc: Gov’t to keep single tax, VAT at unchanged levels

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The members of the ruling coalition decided to keep the flat tax and the VAT at the levels known, 16 percent and 19 percent, respectively, said, on Monday, PM Emil Boc.

„We have decided to introduce the non-taxation of the reinvested profit, from Oct 1, 2009. From Jan 1, 2010, the lump-sum tax will be restricted to certain fields and activities,” Boc also said.

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