EY ROMANIA

 | 

MIHAELA MATEI

  |  29.07.2015

The simplification of the tax system, more important than the tax level?

When we talk about taxes, the conversation is focused, most of the time, on their level. But, for companies' founders, the most pressing problem can be represented by taxes complexity.

Tax Study
EY Romania

MIHAELA MATEI

MIHAELA MATEI

CORPORATE COMMUNICATION OFFICER at EY ROMANIA

According to a Thumbtack survey, in US, the small company owners consider that the level of tax complexity and the conformity's costs are a better indicators for how friendly the state is with entrepreneurs, than the level per se of the payed taxes. 

 

According to the Doing Business report, published by the World Bank, a Romanian start-up  company needs 159 hours a year to navigate through the fiscal system. Actually, this cost represents a productivity drop for that company.


For more information, please see the Romanian version of the article, here.

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