Romania's PNL Proposes Tax Hikes: SMEs Face Uncertainty

Romania Faces Potential Tax Hikes: PNL's Proposal Sparks Debate Bucharest, Romania – A proposed tax increase by the National Liberal Party (PNL) in Romania is generating considerable debate. Sources suggest the PNL aims to increase the profit tax to 19% from the current 10% and the dividend tax to 16% from 10%. This has raised concerns among business owners, particularly those running small and medium-sized enterprises (SMEs). "These fiscal measures will severely impact micro-enterprises and SMEs," stated a business owner in a recent video discussing the proposed changes. "It's a direct hit to the heart of the Romanian economy." The proposed tax increase has sparked a discussion about the competitiveness of Romanian businesses on the international stage. Some worry that higher taxes will make it more difficult for Romanian companies to compete with those in other countries. The speaker in the video highlighted concerns about the potential for increased costs and reduced competitiveness compared to countries with more favorable tax environments. The government's response to these concerns and any potential adjustments to the proposed tax plan are eagerly awaited.