By The current labour taxation system has significant structural vulnerabilities and major economic transformations are having a profound impact on the labour market, according to a study carried out by Deloitte for the Concordia Employers’ Confederation.
The study called „Labour taxation in Romania” assesses the economic, demographic and administrative challenges influencing labour taxation and identifies concrete directions for modernising the system in a balanced and sustainable way, the quoted source mentioned.
According to Deloitte’s data, Romania recorded a budget deficit of 9.3 percent of GDP in 2024, one of the highest in the EU, while the employment rate (ages 20-54) standing at 69.5 percent, well below the EU average of 75.8 percent.
„Approximately 20 percent of Romania’s resident population is abroad, which reduces the taxpayer base,” the study mentioned.
Concordia representatives point out that Romania has one of the highest effective tax burdens for employees in the region,…
