Boc: Flat tax rate, VAT not to be unchanged

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The 16 percent flat tax rate and the value added tax (VAT) will not be changed in 2010, Prime Minister designate Emil Boc announced on Wednesday.

In an address to a joint sitting of Parliament on the priorities of the future government, Boc reiterated the executive will keep a measure relating to the non-taxation of re-invested profit.

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