(measure: percent; Source: The World Bank (doing business survey))
* indicates monthly or quarterly data series
Romania: Tax rate, percent of commercial profits
For that indicator, The World Bank (doing business survey) provides data for Romania from 2005 to 2018. The average value for Romania during that period was 44.26 percent with a minumum of 40 percent in 2016 and a maximum of 55.8 percent in 2005.
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Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.