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Romania to Change Effective Date for Dividends Withholding Tax Cut to 2016

|Approved Changes|Romania
Romania

Romania's Prime Minister Victor Ponta has announced that the government will change the effective date of the recently approved cut in the dividends withholding tax rate to 1 January 2016. The rate is cut from 16% to 5% ({News-2015-09-22/A/2- previous coverage}), and was to apply from 1 January 2017.

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