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News » November, 2014 » 4 November 2014

PM Ponta: 2015, 2016 budgets aim at keeping 16 pct flat tax
04.11.2014, 12:56 | Finance-Banks | 327 views



Prime Minister Victor Ponta says the 2015-2016 state budget aims at keeping the 16 percent flat tax and cutting the special constructions tax on energy infrastructure from 1.5 percent to 1 percent.

‘I can say already that the budget has been drafted on the visit of the European Commission and FMI representatives late in November; the 16 percent flat tax will not change in 2015 and 2016, and the special constructions tax will go down from 1.5 percent to 1 percent. And in 2015-2016, if we rule, this USL [Social Liberal Union, former alliance of Ponta's Social Democrat Party — PSD and National Liberal Party — PNL] will keep in force this 5 percent cut to the social contributions, implemented on October 1. The only thing we are looking into right now, and according to data up to October 20 I think it’s already possible next year, is to slash the VAT on fruits, vegetables and meat to 9 percent. So for every businessperson, these data are included in the fiscal and budget strategy.'

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