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Romania to Impose Stricter Penalties for Tax Evasion Behaviors

The Romanian government has approved a draft law that aims to curb tax evasion by imposing stricter penalties for economic operators who do not issue tax receipts or hold unjustified amounts in cash registers.

The fines vary depending on the amount and percentage of the unjustified cash found in the cash registers, as well as the number of previous offenses committed within 12 months (in the case of multiple offenses, the penalties are higher).

Source: www.fiscal-requirements.com

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