On June 28, the Chamber of Deputies voted on the law regarding the specific tax for certain activities. Next, the law is to reach Mr. President Klaus Iohannis and the Constitutional Court for its promulgation.
Following the favorable vote for the specific tax law, serious misinformation appeared in the press from those who do not support the law, aiming to hinder and delay its implementation. In this context, tourism entrepreneurs invite all those who oppose the introduction of the specific tax to a televised public debate. We are launching this open invitation, leaving it to those who contest the law to set the place and date of the debate.
On Monday, July 4, 2016, at 12:30 PM, FPTR will hold a press conference on this topic at Phoenicia Holiday Resort, where representatives of the tourism business environment will present solid arguments to explain the benefits that the application of the specific tax law will bring to the Romanian tourism industry.
Source: FPTR
Frequently Asked Questions
What is the specific tax in the Romanian tourism sector?
The specific tax is a fixed annual amount paid by companies in the tourism and hospitality sectors, calculated based on variables like surface area and location, rather than profit.
Why are tourism entrepreneurs supporting this law?
Supporters argue that the specific tax simplifies fiscal administration, reduces tax evasion, and provides predictability for businesses in the industry.
What was the purpose of the FPTR press conference?
The FPTR organized the conference to present solid arguments in favor of the law and to address misinformation circulating in the media regarding its impact.