The Romanian Government has started looking into the tax documents of 30 wealthy Romanians, who exceeded the minimum accepted risk after not paying their taxes. The group of people suspected of having dodged their taxes initially numbered 300. The process started last year in May, when the tax documents for 2011 were submitted.

The Tax Agency ANAF will first check these people's revenues without notifying them. The Government allowed ANAF to start controls into the taxes of those whose real revenues are at least RON 50,000 – or EUR 11,000 higher than the declared revenues. A 16 percent tax will be applied on the difference between the undeclared and the declared revenues.

The group of 300 people initially selected included mostly very wealthy company owners who failed to register revenues on their companies, thus not paying taxes, according to previous statements from ANAF.

editor@romania-insider.com