MP Dragos Ciobotaru states that Parliament is working intensively on amending fiscal and economic legislation in support of the business environment, so that Romania can meet the criteria for joining the Organization for Economic Cooperation and Development (OECD), with the first changes expected in the second half of 2025, Agerpres reports.
Ciobotaru claims that the new measures will target, among other things, the relationship between companies and the state.
"The budget is built on some rules that have not yet been legislated and are being worked on. There are several tax scenarios that colleagues from the Budget-Finance Committee are working on, but we need to amend the legislation also according to the requirements of the 13 states that have not yet given us their approval for joining the OECD. We have received the approval from 12 states, we still have 13. We have made the requests to speed up the accession to the OECD, the deadline would be 2026 - 2027, but to get there we need each OECD member country to tell us what they consider needs to be modified. (...) The first modifications will be in the second half of 2025. (...) We are not talking about increasing taxes (...), we are talking 100% about market rules in the relationship with the Romanian state. And the second "Part of the legislation will be in 2026. It will also be related to the 2026 budget, and to the requests of the states that must be aimed at our accession to the OECD," Dragos Ciobotaru declared on Saturday in a press conference.
According to him, the amendments will include clear rules regarding VAT approvals, authorizations and refunds.
"The law is quite complete and complex. We need to work on principles more, and on business rules regarding the relationship with the Romanian state, both the Local Public Authority and the public institutions in the field of approval, in particular. (...) When a company has to receive 10 million in VAT from the Romanian state and that same company becomes insolvent because it did not receive its money on time, the state cannot continue to come and forcibly execute it because it did not pay off some much smaller debts. Maybe it has debts of 200,000 RON and it has to receive ten million from the Romanian state," said Ciobotaru.
He explained that the legislative amendments are considered essential both for supporting entrepreneurs and for meeting the requirements imposed by the 13 states that have not yet expressed their agreement for Romania's accession to the OECD. The estimated deadline for completing the accession process is 2026-2027.
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