Former prime minister Florin Citu, MP of the ruling Liberal party, and other MPs of the Force of Right have drafted bills aimed at cutting back the dividend tax to 5% from 8%, where it is supposed to increase starting this year, Economica.net reported.

Citu announced on his Facebook page that he has submitted to the Parliament a draft law by which the tax on dividends will be reduced from 8% to 5%, and the threshold for the payment of the health contribution would be reduced from 24 minimum wages to 12 minimum wages in the case of incomes from rent.

Separately, non-affiliated MPs Ionel Dancă and Antonel Tănase initiated a bill that eliminates health contributions on dividend and rent income and the over-taxation of part-time jobs. The two are members of the newly set up Forța Dreptei (Force of Right) party led by the former liberal prime minister Ludovic Orban.

iulian@romania-insider.com

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