EBA meeting on the 2017 Tax Policy

On the 6th of September, EBA members have reunited in a new working meeting. The attendees of the meeting have discussed the materials related to the fiscal-budgetary policy for 2017, proposed by the Ministry of Finance for further comments.

EBA had previously prepared a Position Paper on the aforementioned bill. Our members have defined the content of the Position Paper, contributing with relevant comments. The articles that sparked the most debates were those related to facilities granted by employers, taxation of contributions paid for financial coverage and matching negative net assets, taxation of income obtained by individuals from farmland lease, fiscal bills registration by the buyer in the Electronic billing register and the article on suspenion of bank accounts operations. It was insisted on continuing the development of the electronic billing system. Besides discussing the agenda topics, those present have underlined existing gaps in the area of real estate taxation and in the legal definition of advertising elements. In addition, the need for judicial executors to issue bills and excluding limitations related to insurance contracts has also been accentuated.

EBA will take all proposals into account and will include them in the new Position Paper, which will subsequently be submitted to the Ministry of Finance. 

EBA is grateful for its members’ activism in these key-issues and will continue defending their interests.