The 1st energy studies Think-Tank in Romania- Hotspot for elite expertise in Energy, International Affairs, Foreign Policy, Security, Economics & Area Studies -
The 1st energy studies Think-Tank in Romania- Hotspot for elite expertise in Energy, International Affairs, Foreign Policy, Security, Economics & Area Studies -
During a discussion on July 5, comparative taxation in the region was analyzed, looking at Romania, Bulgaria, Moldova, and Ukraine. The analysis pointed out that the Romanian state is heavily impacting the economy, particularly small and medium-sized enterprises.
It was highlighted that the state is undermining its own taxable base in an attempt to compensate for poor governance and weak administrative capacity through the overtaxation of drivers. This includes increasing the excise tax to a level that the current economy can hardly support.