IDEAS home Printed from https://ideas.repec.org/a/vls/finstu/v14y2010i2p215-227.html
   My bibliography  Save this article

Impact of the Fiscal Regulations on the Economic Activity of the Economic Actors

Author

Listed:
  • Mihaila, Nicoleta

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

Abstract

The difficult period which Romania crosses as of 2008 determined the public authorities to adopt new fiscal measures with the purpose, among other, to collect more revenue to the state budget. However, these regulations (mainly those concerning the lump sum tax and the minimal tax) had a strong adverse impact on the private sector; many companies closed down or adopted a less honest behaviour, as most of them did, by avoiding paying the taxes, tax evasion. The paper analyses the impact of the lump sum tax and the minimal tax on the SMEs, showing the advantages and disadvantages of their application, opinions from EU members and proposals to support the business medium, to improve the financial situation of the economic agents.

Suggested Citation

  • Mihaila, Nicoleta, 2010. "Impact of the Fiscal Regulations on the Economic Activity of the Economic Actors," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 14(2), pages 215-227.
    • Handle: RePEc:vls:finstu:v:14:y:2010:i:2:p:215-227
    as

    Download full text from publisher

    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf/vol14i2p215-227.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    fiscal regulations; lump sum tax; minimal tax; economic agents; methods of tax evasion; measures to support the business medium;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • G01 - Financial Economics - - General - - - Financial Crises
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
    • K34 - Law and Economics - - Other Substantive Areas of Law - - - Tax Law

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vls:finstu:v:14:y:2010:i:2:p:215-227. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Mateescu (email available below). General contact details of provider: https://edirc.repec.org/data/cfiarro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.