The degree of compliance based on excise duties in Romania between 2002 and 2015

Abstract

Abstract:The fiscal policy is an instrument that collects resources for the state budget necessary to perform state functions; stabilize the economy; regulation of the economy and recovery growth. The most important instruments are taxes and taxpayers. Since 1989, with the transition to a market economy, a special tax policy has been known by excise taxes. Analyzing the case of Romania and the evolution of excise duties (hereinafter ED) conformity we created some regressions that illustrate the ED correlation in Romania between 2002 and 2015. The methodology used: three unifactorial regression models showing how ED impacts economic indicators such as GDP, power purchase expressed through the net annual average salary, and household final consumption expenditure. Moreover, each model has been tested and verified using statistic tests to give reliable results. In a first stage, we analyzed the correlation between GDP and consumption as endogen variable and ED, then we created another model that we kept ED as an independent variable, but we changed the dependent variable using the purchasing power as a dependent variable. Because according to the used tests we demonstrated that correlation coefficients are significant, we proceeded to explain them starting from fiscal policy and economic reality, own of these analyzed 14 years. In conclusion we highlighted below as the ED depends on GDP and consumption and the purchasing power can influence the ED. For future discussion and studies we intend to compare the results with other countries in different geographic areas in Europe

Operations with Excise Goods, Sanctions Vs. Misdemeanors

“…(10) The destruction or irreparable loss of excisable products under the suspensive regime of excise duties, including due to a cause related to the nature of the products or as a result of a fortuitous event or force majored or as a consequence of the authorization by the competent authority, is not considered a release for consumption. Methodological norms (11) For this chapter, products are considered destroyed or irretrievably lost when they become unusable as excisable products. Destruction or irreparable loss of excise goods must be proven to the competent authority.…”

“…Saguna (2001) In the Treaty on fiscal financial law, defines fiscal policy as: [...] the set of fiscal decisions taken by the public decision-maker, in order to ensure financial resources, intended to finance public needs and achieve certain economic and social purposes, in the conditions in which real or objective factors act on the economy, whose tendency is not exclusively cyclical (Saguna, 2001). Todor et al (2017) reveal that the excise duties are depending on the consumption of the GDP and that they are interpolated with the purchasing power. Meanwhile, Opreț et al (2017) analyze the importance of accounting information for increasing fiscal policy transparency and enhancing the combat against tax fraud, and reducing the level of tax evasion.…”

Regime of Contraventions and Sanctions Related to Vat Tax Declarations

“…Saguna (2001) In the Treaty on fiscal financial law, defines fiscal policy as: [...] the set of fiscal decisions taken by the public decision-maker, in order to ensure financial resources, intended to finance public needs and achieve certain purposes economic and social, in the conditions in which real or objective factors act on the economy, whose tendency is not exclusively cyclical (Saguna, 2001). Todor, et al (2017) argues: Given the competitive market mechanisms and the tendency of modern states to intervene in the tax economy, we can easily see the significant role of taxes, whether we refer to direct or indirect, being used as a lever of the economy policy by which we can accentuate or slow down certain areas of activity and increase or decrease consumption in a certain category of goods or services (Todor, et al, 2017). Talaghir, et al (2000) present that the object of accounting is the reflection in monetary terms of the patrimony, its movement, and transformation as a result of economic operations and the results obtained in a given perimeter (Talaghir, Negoescu, Talghir-Cretu, 2000).…”