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We explain in this article what are, in short, the applicable rules for Romanian taxation of self-employment income, according to the current tax legislation, as applicable in 2021. Especially for … Read more
We describe in this article the applicable tax treatment for gifts that Romanian employers want to grant to their employees for certain holidays, such as Christmas, Easter, June 1, or … Read more
Do you need to obtain a Romanian tax identification number and do not know where to go, and what are the steps you should follow? In this article, we will … Read more
Are you living in Romania and would like to get Romanian health insurance, so you can benefit of medical care in all public hospitals and clinics? Would you also like … Read more
Are you interested to benefit from the deduction of sponsorship expenses from your company tax due to the state? Romanian tax legislation allows companies to deduct their sponsorship expenses (but … Read more
According to the recent amendments to the Romanian Tax Code in December 2020 (by Law 296/2020), the revaluation of buildings for tax purposes will have to be carried out by … Read more
The deadline for the annual tax return in Romania, which has been so far 15 March of each next year, has recently been changed by the authorities. Thus, according to … Read more
On Monday, December 21, 2020, Romanian authorities published Law no. 296/2020, which brings several changes to the Romanian Tax Code in what regards employee benefits. These are important tax law … Read more
In case you didn’t know, if you own a Romanian company, increasing the company’s capital can bring you a reduction of its tax due for the period 2021 – 2025. … Read more
Do you ask yourself what your company’s obligations are according to DAC6 newly implemented provisions in Romania? Do you know that 31 August 2020 was the first deadline for reporting … Read more
We’re providing below answers to the most frequently asked questions regarding the Romanian taxation of capital gains from stock market investments done by individuals. The answers are provided by the … Read more
The question on what is the use of company car tax treatment in Romania, and how should companies approach it in practice is a common one among employers. Especially among … Read more
In this article we provide answers to the most frequently asked questions about Bitcoin tax regime in Romania. The clarifications provided below are written by the best tax consultants and … Read more
In this article we provide answers to the most frequently asked questions about dividends taxation in Romania. The clarifications provided below are written by the best tax consultants and experts … Read more
A tax consultant is an expert in tax law, planning, as well as compliance. He serves not only businesses, but individuals as well by staying current on any tax law … Read more
What this article is about: Definition of a Stock Option Plan, as per the Romanian tax law Taxation rules for a Stock Option Plan Exemption from taxation as salary income … Read more
The latest measures for financial aid during pandemic taken by the Romanian government in the COVID-19 context are really beneficial for the Romanian employers. The restrictions imposed, not only by … Read more
The statement regarding the ultimate beneficiary, which the majority of the Romanian companies registered in the Romanian Trade Register have the obligation to submit, could be repealed for certain categories … Read more
Romanian authorities have finally enacted the rental income tax exemption possibility for tax year 2020. This is a temporary tax exemption that was under draft project for a while, but … Read more
The Romanian government recently adopted additional tax measures in response to the COVID-19 pandemic, by publishing a new emergency ordinance – GEO 48/2020. Thus, this ordinance comes to supplement the … Read more
