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PwC Romania survey: 82 percent of respondents have overdue debts to the state budget and can apply for tax amnesty thediplomat.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.ro Daily Mail and Mail on Sunday newspapers.
"The degree of indebtedness of the BSE companies is quite low, compared to that of the stock exchanges in the region" "It is not excluded that in 2024 we will see some turbulence coming from the corporate debt refinancing segment" "Thanks to the emergence of recurring investment services, we see investors coming in with smaller amounts, but in a constant way, so that over time they accumulate significant capital" ....
Over 40 percent of Romanian companies expect that deferrals and exemptions from tax obligations, technical unemployment benefits and subsidies granted by the state during the health crisis will lead to new tax inspections. Almost two thirds of the respondents (66 percent) have benefited from such facilities, according to a survey conducted by PwC in Central and Eastern Europe (CEE). In comparison, at the CEE level, only 36 percent of companies have resorted to government support measures, with only 14 percent believing that related tax inspections will be initiated. “Last year, amid restrictions imposed under the state of emergency, we witnessed fewer tax inspections than in a normal year. As the economy reopened, inspections resumed and taxpayers expect as one of the main themes of verification to be how they have implemented the fiscal facilities granted to limit the effects of the sanitary crisis”, said Daniel Anghel, Partner and TLS Leader, PwC Romania. ....