16.5%. As of July 1, 2010, people with income from independent activities will by contributions to social insurances, in the amount of 16.5% of their income, like every other employee. This affects all people paid with the PFA status (authorized natural person, similar to self-employed workers), under the form of royalties or civil law conventions, allowing payment as provision of services. So far, these “independent” incomes were exempt from these contributions. Now, they will have to pay 10.5% to social security, 5.5% to health insurance and 0.5% to unemployment insurance.
under the form of royalties or civil law conventions, allowing payment as provision of services. So far, these “independent” incomes were exempt from these contributions. Now, they will have to pay 10.5% to social security, 5.5% to health insurance and 0.5% to unemployment insurance.
Combat tax evasion. Finance Minister Sebastian Vladescu announced, last week, the adoption of this fiscal reform with an emergency ordinance, after months of debate on the subject. He explained that this fiscal amen
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