Romania: Selected Issues

June 6, 2018

Preview Citation

Format: Chicago

Romania: Selected Issues, (USA: International Monetary Fund, 2018) accessed December 7, 2024

Summary

This Selected Issues paper reviews the level and structure of tax revenues in Romania and proposes options to improve revenue mobilization drawing from other countries’ experiences. Tax revenue in Romania is low compared with peers and has been declining over time. Strengthening the tax administration is crucial to improving tax collection efficiency in Romania, and requires commitment and ownership at the highest levels. Implementing and operationalizing new information technology infrastructure in Romania is a key priority, given its outdated and fragile systems. Romania should also conduct a comprehensive review of its tax system. This review would guide future reform needs in the area of tax policy with the primarily focus on improving revenue productivity and the growth-friendliness of the tax system.

Subject: Revenue administration, Revenue performance assessment, Social security contributions, Tax administration core functions, Tax efficiency, Taxes, Value-added tax

Keywords: Administration reform, CR, Efficiency gap, Europe, ISCR, NICs, Reform priorities drawing, Refund processing, Revenue, Romania, Social security contributions, Strength index, Tax administration, Tax administration core functions, Tax efficiency, Tax efficiency, Value-added tax, VAT

Publication Details

Pages:

20
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2018/149
Stock No:

1ROMEA2018002
ISBN:

9781484359563
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports