Analysis of the Role of Direct Taxes Administered by the National Agency for Fiscal Administration in the Formation of Public Financial Funds in Romania

Abstract

Direct taxation is characterized by the differentiation of the tax burden according to the size of income and/or wealth and the personal situation of each payer, with direct influence in the degree of their collection In the case of Romania, the share of the tax revenues administered by the National Agency for fiscal Administration, derived from the collection of direct taxes in the formation of public financial funds, has been decreasing in the last 10 years, because of reduction of the income tax rate from 16% to 10%, the transfer of the tax burden of compulsory social contributions obligations due from the employer to the employee. The last quarter of each year shows increases in the collection rate compared to the other annual quarters.The purpose of this paper defines the influence that economic developments, social decisions and fiscal policy, have on the collection of direct taxes.

Keywords

• direct taxes
• public financial funds
• budget implementation
• tax collection