Romania: Technical Assistance Report on Reforming Personal Income Taxation
Electronic Access:
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Summary:
With one of the lowest revenues in the EU and a projected budget deficit exceeding 7 percent of GDP, Romania should rely on an array of tax (policy and administration) instruments to mobilize revenues. A fundamental question facing Romania’s reform efforts is how to spread the burden of the tax in an equitable manner, especially given the already relatively high income inequality. The fiscal system as a whole currently provides little income support at the bottom of the income distribution.
Series:
Country Report No. 2022/199
Subject:
Income Income tax systems International organization Marginal effective tax rate Monetary policy National accounts Personal income tax Tax allowances Tax policy Taxes
Frequency:
regular
English
Publication Date:
June 29, 2022
ISBN/ISSN:
9798400211393/1934-7685
Stock No:
1ROUEA2022002
Pages:
38
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