Abstract:

This paper discusses the dynamics of the fiscal deficit of the Romanian Budget on the 31-st of December 2014 as compared to the same period in 2015 and 2016. We have chosen these three years because we wanted to identify the effects of reducing fiscal pressure on the level of State Budget collecting system, given that from October 1st 2014 - the employer's social insurance contribution was reduced by 5 percentage points and from January 1st 2016 VAT has fallen from 24 to 20 percentage points, and now (2017) at 19%; the research has been done on the basis of the data offered by the Romanian National Agency for Tax Administration on 200 companies considered as large business taxpayers. The results of the research present the level of unpaid taxes of these companies in the context of reducing fiscal pressure, the ways of collecting debts as well as the impact of uncollected debts on certain fields of activity in the public sector.