How to steal a million? The Romanian Fiscal Authority’s numbers says it’s worth it! - financiare.ro
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News » November, 2014 » 7 November 2014

How to steal a million? The Romanian Fiscal Authority’s numbers says it’s worth it!
07.11.2014, 11:55 | Finance-Banks | 569 views



Fiscal prejudices of hundreds of millions of Euros have been identified by prosecutors, many of them confirmed by judges. But the recovery of these sums is an issue for the ministry of finance: in five years, ANAF has brought only 4 millions to the budget. What is the explanation?

The National Fiscal Management Agency (ANAF) is the last and most important resort in recovering the fiscal prejudice national courts have ascertained. The amount that the Fiscal Authority manages to collect, though, is unsubstantial. Until 2012, not even 5% of the fiscal prejudice had been recovered. Later, some progress has been made, but not nearly enough. All of this while the opinion of most legal professionals is that recovering assets or money resulting from illicit deeds is as least as important as executing sentences. The reason for that is not only it increases the state’s revenues and covers the costs of penal lawsuits, but, first and foremost, that it discourages infringement of the law.

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