Romania: Fiscal stability is key to growth


KPMG International has recently published the direct and indirect (VAT etc) tax rates from more than 120 countries, including Romania, revealing a constant state of change as governments look to increase indirect rates to raise revenue but to decrease corporate tax rates to attract investment.

China, Brazil and Singapore lead consumption of digital media and the willingness to pay for it


Urban consumers in China, Brazil and Singapore are proving to be the world’s most voracious users of digital media, powered by the rapid uptake of smartphones and tablets according to the KPMG International 2013 Digital Debate.

KPMG: Lack of long-term, disciplined policies threatens to worsen sovereign debt woes


Underlying causes of current sovereign debt crisis were present long before the onset of the global financial crisis of 2007-2008 Aging populations and an interconnected ‘global’ economy will compound the deficit challenge over the medium to long-term

Rethinking Human Resources in a Changing World


A new study from KPMG International shows that the “war for talent” is crucial to almost every business in today’s competitive global markets. However, the Human Resources function is often viewed as being non-essential or ineffective.

Thinking Beyond Borders: Management of Extended Business Travellers


A person’s liability for Romanian tax is determined by residence status for taxation purposes and the source of income derived by the individual. Income tax is levied at a flat tax rate of 16 percent, applied to each type of income.

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