- Corporation Tax – a new category of expenses with limited deductibility has been introduced. Thus, the expenses comprising the value of the disposed claims according to the law shall be deductible within a limit of 30% of the value of the sold claims.
- Revenue tax – a new article regarding the definition of income obtained in Romania from independent activities has been introduced. Therefore, the revenues obtained from independent activities which have taken place in Romania are considered to be acquired here, irrespective of the country in which the payment has been made from.
- Revenues deriving from intellectual property rights are considered to have been obtained in Romania provided they have been received from a payer from Romania or a non-resident, via its permanent establishment in Romania.
- It has been clearly mentioned that in the case of a termination or temporary suspension of activity In the course of a year, the private entity taxpayer shall notify the fiscal body in no more than 30 days, for the purpose of recalculating the payments agreed upon in the account of the due annual tax revenue.
- With regard to revenues obtained from other sources, it has been regulated that only the taxpayers which obtain revenues from the assignment of claims should be obliged to submit a tax revenue statement, as well as the taxpayers for whom the payer cannot withhold the tax.
- Representative office tax – the tax on representative offices, once 4000 Euro/year, has now been set at a fixed amount of 18.000 RON/year. The tax must be declared and paid until the last day of February.
- The excise – the excise duty for petrol and diesel has been increased with 0, 16 RON/ liter, starting from September 15, 2017, and once again, with the same amount, from the 1st of October 2017.
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