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 also other similar expenses, such as expenses with patronage or private scholarships) when determining the profit tax due.

However, to make sure you avoid any subsequent potential issues with the tax inspectors, you must know there are certain rules that must be observed regarding the deduction of sponsorship expenses.

More exactly, certain conditions must be fulfilled, which regard: the person who can receive the sponsorship, the maximum amount that can be deducted from the company’s tax due, the differences that exist between sponsorships and other forms of transfer of goods or money (which are non-deductible), etc.

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Tax & Legal consultant since 2005.

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