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Thursday, March 10, 2005
Business in Romania blog
The introduction of the 16% flat tax, year end bonuses and higher state revenues, boosted the average net wage in January by 5.2%, according to the National Statistics Institute.

The institution announced Tuesday that the average net wage for the first month of this year topped 7.23 million ROL (200 euros), while the gross salary amounted to 9.52 million ROL (265 euros).

Compared to January 2004, the net wages advanced by 25.3%, while the gross went up by 18.8%.

Posted by Iulia Rasoiu : 3/10/2005 09:29:00 am Flat tax increases wages by 5.2%
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