ANAF: 20,000 companies with new debts to the public pensions budget in Q2
Nearly 20,000 companies were registered as new debtors at the public pension budget in the second quarter of this year, having had no outstanding debts before, according to data provided by the Romanian IRS, ANAF to our portal www.privatepensions.ro. Q2 also coincides with the launch of collection of contributions in the mandatory private pension funds (2nd pillar). The start was disturbed by local fiscal indiscipline, which led the initial number of empty accounts in the system to nearly one million. At the end of H1, 84,213 Romanian companies had outstanding debts to the public pension budget, worth a total of EUR 1.5 billion - as against 70,517 companies at the end of 2007, with total debts worth of EUR 1.56 billion.
On the other hand, in the second quarter of this year a total of 62 large companies (with annual business of over 75 million RON) and 17,864 small companies have paid their arrears worth 91.6 EUR mln. to the public pension budget and thus existed ANAF's registries.
According to data by the National House of Pensions (CNPAS), fiscal indiscipline (payment and nominal declaration of social security contributions in the public PAYG system) is responsible for the vast majority of accounts left empty in the mandatory pension system. According to an analysis by the portal www.privatepensions.ro, the total number of empty accounts in the 2nd pillar decreased by 300,000 in three months, reaching 662,000.
14.08.2008
