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Law No. 35 Of 13 November 1968 For The Approval Of Decree Nr. 564/68 Amending Certain Provisions Relating To Taxes And Duties

Original Language Title:  LEGE nr. 35 din 13 noiembrie 1968 pentru aprobarea Decretului nr. 564/1968 privind modificarea unor prevederi referitoare la impozite şi taxe

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LEGE no. 35 35 of 13 November 1968 for approval Decree no. 564/1968 amending certain provisions relating to taxes and duties
ISSUER GREAT NATIONAL ASSEMBLY
Published in OFFICIAL BULLETIN no. 150 150 of 16 November 1968



EXPLANATORY MEMORANDUM The next law has the object of approval Decree no. 564/1968 on the amendment of certain provisions on taxation and taxes, published in the Official Bulletin, Part I, no. 87 of July 5, 1968. Our tax legislation has provided in the course of time a series of exemptions and tax cuts, corresponding to the economic and social conditions existing at the time of their granting. The measures taken in the meantime for the continuous increase in the incomes of employees, peasants and pensioners, as well as for the improvement of material co-interest, have led to the modification of these economic and social conditions Considering the above and taking into account the need to improve the system of taxes and fees, which, according to the decision of the Plenara of the Central Committee of the Romanian Communist Party of 19 June 1968, must become a more active tool in the promoting the principles of social equity, it has appeared necessary to review some provisions on taxes and fees. Looking at the exemptions and tax cuts provided by Decree no. 18/1952 for the establishment of local taxes and fees and Decree no. 153/1954 regarding the tax on incomes of the population, it resulted that, in order to achieve an equity in the field of tax on buildings, it is necessary to waive the tax exemption of buildings belonging to categories of citizens, in such a way that all citizens bear a tax in relation to the value of the buildings they possess. It also resulted in the need to change the taxation of income from prizes and rewards, state awards and rewards to inventors, innovators and rationalizers, changing some tax cuts given to those. decorated with orders of the Socialist Republic of Romania or distinguished with the title of "artist of the people" or "emeritus", capping the reduction of salary tax in the case of employees who have in their maintenance more than three persons, as well as modification of the system of rounding the tax in whole lei, with the neglect of the factions Up to 50 bucks. Because the rules contained in Decree no. 564/1968 have the power of law, they have been subjected to debate and adoption of the Great National Assembly, in accordance with art. 64 64 section 2 of the Constitution. The Great National Assembly of the Socialist Republic of Romania adopts this law. + Article UNIC Approval Decree no. 564/1968 amending certain provisions relating to taxes and duties. This law was voted by the Grand National Assembly on November 13, 1968, with the unanimity of the votes of the 428 deputies present at the meeting. President of the Great National Assembly, STEFAN VOITEC Bucharest, November 13, 1968. No. 35. According to the provisions of art. 57 of the Constitution of the Socialist Republic Romania, we sign this law. President of the State Council, NICOLAE CEAUSESCU ------------