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Chamber of Commerce president: Romania loses EUR 502 every second because of tax evasion |
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June 25, 2015, 02:37:13 AM |
Romania loses EUR 502 every second, EUR 30,000 every minute, and some EUR 16 billion every year because of tax evasion, said Mihai Daraban, President of Romania’s Chamber of Commerce and Industry.
“This represents about 70% of the tax evasion which state institutions, NGOs or the Fiscal Council calculated. In total, there are about EUR 23 billion that are lost every year due to an inefficient collection system,” Daraban added, cited by local Economica.net.Read more |
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