Changes regarding the Fiscal Code
With regard to Corporate Tax:
SMEs obtaining revenues from 500.000 up to 1.000.000 Euros, currently paying 16% tax revenue, will pay only 1%, regardless if these revenues represent or not […]
December 2017
November 2017
Tax exemption or deduction for certain buildings
Furthermore, town councils may even grant this exemption or deduction for buildings which, according to the la Law no 422/2001, are classified as historical, architectural or archeological monuments, museums […]
October 2017
Main changes regarding the Fiscal Code
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 […]
Tax exemption for plot of lands up to 400 sq., within the built-up areas
a tax exemption for plots of land up to 400 sq. that are located within the built-up areas and registered in the Rural Land Register at any other usage […]
Romanian Firms may now take their money back from the state budget
On the 19th of October 2017, by the Decision passed in the Case C-101/16 – Paper Consult SRL against Romania, the European Court of Justice (ECJ), has mainly decided […]
Rules for a dispute resolution mechanism between Member states
Emphasizing that any afflicted person has the right to submit a complaint in front of any competent national authority of each of the concerned Member States, the Directive also […]
September 2017
Fiscal registration of non-resident persons
Thus, starting from the 1stof January 2018, simultaneously with the request for the opening of a bank account or for the rental of a safety box is performed, the […]
July 2017
Measures proposed in the program for government: Social contributions will be payable by the employees
The level of the mandatory social contributions will be diminished with 4,25%, respectively from 39,25% to 35%.
At the same date of 1 January 2018, it is also planed the […]
The Government changes the CAS and CASS contributions for part-time employees
Employees who also work under a full-time contract, students and pensioners are exempted from the applicability of this provision.
At this moment, from governmental calculation results that there are a […]
June 2017
Combating money laundering
A new directive of the European Union relating to fighting money laundering, tax evasion and terrorism financing has entered into force on 03 July 2017, hardening the current legislation, […]
