ROMANIA’S ACCOUNTING AND TAX RULES TO COME UNDER INTERNATIONAL SPOTLIGHT
March 1st, 2013
ROMANIA’S accounting and tax processes are about to come under spotlight after the country joined the Organisation for European Cooperation & Development (OECD) global forum on transparency and exchange of information for tax purposes at the end of January. It could be a rough rise for a country whose corruption failings are still being assessed by a special European Commission review, even though it joined the European Union (EU) as long ago as 2007.Romania is not part of the OECD–proper, which is reserved for larger mature markets, but it has become the ...
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