Fiscal instability hits IT: Industry feeling effects of tax decisions and anticipates a difficult 2025
81.6% of companies in the IT sector felt a negative and strongly negative impact of the partial elimination of tax breaks in 2023.
81.6% of companies in the IT sector felt a negative and strongly negative impact of the partial elimination of tax breaks in 2023.
Bringing forward the timetable for elimination of tax facilities for the IT industry, starting January 2025, is a deeply negative signal towards a strategic sector of the economy.
Intesa Sanpaolo recorded significant growth in commissions, up 9% compared to 2023, with acceleration in Q4. Insurance income reached an all-time high, increasing by 4%.
The plans include an issuance in Bulgaria in Q1 2025, ranging between 10-20 million euro, followed by a possible pilot issue in the Romanian or Greek market by mid-summer.
A key challenge in 2024 was the partial removal of tax incentives for the IT industry, resulting in a sharp rise in operational costs.
Significant investments were made in the development of an all-in-one online platform dedicated to offline advertising campaigns.
Romania is not the only country in this situation – in more than 50% of the world's states, the same thing happened, including at the European Union level.