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Some Directions Of Adapting The Taxation To Favor The Stability And Competitiveness Of The Romanian Companies

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  • Nicoleta MIHAILA

    (Centre of Financial and Monetary Research “ Victor Slavescu”, Romania)

Abstract

This paper proposes several directions for adapting taxation to promote the stability and competitiveness of Romanian companies, directions that have as a starting point the current situation in Romania, from a fiscal perspective. These directions include: increasing tax revenues to the state budget (in this context we present comparative aspects on the situation of tax revenues in Romania and the EU), increasing the level of collection, stimulating investment in research and development through fiscal facilities, increasing tax compliance, fiscal predictability. In this regard, we used data provided by World Bank reports, the Fiscal Council as well as the report prepared by the World Bank and PwC, Doing Business.

Suggested Citation

  • Nicoleta MIHAILA, 2020. "Some Directions Of Adapting The Taxation To Favor The Stability And Competitiveness Of The Romanian Companies," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 5(3), pages 115-123.
    • Handle: RePEc:brc:brccej:v:5:y:2020:i:3:p:115-123
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    References listed on IDEAS

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    1. Leandro Medina & Mr. Friedrich Schneider, 2018. "Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?," IMF Working Papers 2018/017, International Monetary Fund.
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    More about this item

    Keywords

    taxes; tax revenues; tax complience; shadow economy;
    All these keywords.

    JEL classification:

    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

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