News » May, 2011 » 31 May 2011
Romanian Govt OKs Applying Reverse Taxation On Cereal For Two Years
31.05.2011, 18:49 | Agriculture | 1173 views
The Romanian Government on Tuesday approved a draft emergency ordinance whereby the country will apply reverse taxation on cereal and plants with industrial use for about two years staring June 1, 2011, after it received approval from the European Union. Prime Minister Emil Boc said the measure represents one of the most efficient ways to counter tax evasion. According to the Finance minister, budget revenues from the tax will amount to 240 million lei (about EUR58 million) in 2011 and RON410 million in 2012. Read more on Mediafax.ro
|
Latest news in category Agriculture
Lately, the Ministry of Agriculture has taken several steps when it comes to rural development. One of them concerns encouraging small farmers that have less than 5 hectares of land to associate. read more...
The European Commission does not agree to the project promoted by the Romanian authorities concerning the sale of land to individuals, said Achim Irimescu, secretary of state in the Ministry Agriculture and Rural Development (MADR), and he said that European officials will help us in drawing up a better document in that area. read more...
Romania in 2012 ranked top in the European Union by the maize-grown area, but it trailed third by the maize production, after France and Italy, because of the lower yield, shows the statistic research on the Agricultural Production in Main Crops in 2012 made by the National Institute for Statistics. read more...
|
|
