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The Romanian state could cash in up to EUR 40 million a year by taxing the salaries of foreigners who work in Romania more than 183 days, according to Luminita Ristea, managing partner with CRG Nexia consultancy firm.
Romanian companies will be able to pay their debts to the state in installments over five years, without overdue penalties, as per a facility to be introduced through a government ordinance, said tax authority ANAF official Mihai Gogancea-Vatasoiu.This service will be available to any company on the basis of certain guarantees, which are waived in the case of small debts.