www.g4media.ro/presedintele-camerei-consultantilor

Dan Manolescu, president of the Romanian Chamber of Tax Consultants, warns that changes in income taxation will not significantly boost budget revenues. He discusses the challenges of preparing the 2027 budget amid rising military and interest costs. Manolescu highlights potential tax modifications targeting capital gains, interest, and rents, suggesting a uniform tax rate of 16% for all stock transactions. He emphasizes that local tax increases may occur due to inflation indexing but will not yield substantial revenue. The economist believes that a potential VAT hike would further impact consumer spending without generating significant income. The government's proposed budget aims for a 5.2% deficit in 2027, with measures to reform property taxation and limit spending growth.