The Association of Independent Press put off the protest against the Fiscal Code provisions that oblige the radio stations and TV channels, newspapers and web portals to pay a local advertisement broadcasting and publication tax of 5% of the incomes from this activity, starting with January 1, 2010. The decision was made after the lawmakers of the Liberal-Democratic Party announced they drafted a bill providing for the cancellation of this tax. However, if the amendments are not introduced in the near future, the protest will take place, the Association's executive director Petru Macovei told a news conference, Info-Prim Neo reports. The tax of 5% was instituted last yearend. Such a decision aroused the dissatisfaction of the managers of mass media institutions. Last week, a group of Liberal-Democrat MPs made public a bill aimed at canceling this tax. MP Mihai Godea, first vice president of the PLDM, said the new administration regarded this tax as a solution when looking for remedies to improve the budgetary situation. “We are glad that the authorities intend to correct their mistake. This tax is illogical,” said Petru Macovei. He also said that nobody paid this tax as it must be paid quarterly. “If the tax is not canceled, many newspapers could go bankrupt,” Macovei said. Petru Macovei stressed that the volume of advertisements put in the print media last year fell by 35% from 2008. This year, this volume is by 20% lower already.