Programmers in Romania released from income tax

Europe lacks programmers, especially IT industry lacks those professionals – the problem face both: highly developed countries and those, that are chasing the forefront. Struggle for professional programmers is a fact, and with time the problem will probably grow. Therefore, companies and countries are developing strategies to give these employees an advantage in this race. An example is Romania, which releases the mentioned professional group from income tax.

The solution may be, of course, to invite programmers from other countries. But after a while, they can leave. A serious increase in the number of students in these field may, in turn, negatively affect the quality of teaching and level of skills of graduates. To give out diplomas will rather not improve the situation. Therefore, companies are increasingly trying to attract their employees to keep them for longer. This direction is followed by countries, just like Romania does it.

Romania wants to exempt from income tax all the programmers. Currently, such a privilege has only a part of them. This way the government wants to keep them in the country. Currently, in Romania, from the income tax there released those programmers, who work for companies whose annual revenue from software sales is at least $ 10 thousand per employee. These rules have been applied since 2004. Recently, the Ministry of Communications of Romania signaled that the state should take further steps to keep the IT experts in the country. The $ 10 thousand limit may be abolished in order to encourage start-ups, especially because IT is the best-paid sector of Romanian economy.

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