According to the Central Fiscal Commission Decision no. 2/2015 concerning the interpretation and application of the Tax Code provisions, for the income from rental property, it is not due the social health insurance contribution by the following: – Individuals, regardless…
Whilst the Court of Justice alone has jurisdiction to declare an EU act invalid, where a claim is lodged with the national supervisory authorities they may, even where the Commission has adopted a decision finding that a third country affords…
The High Court finds that in this case, the arguments of the court are devoid of legal basis, in terms of its statement that no justification of the ministry was brought, regarding that the order setting the election date was…
So, the general quota of tax revenue for Micro enterprises will continue to be 3%, but, by exception: for Romanian legal entities new – incorporated having at least one employee, are incorporated for more than 48 months, their shareholders have…
Thus, since 1 January 2016, the quota up to 2%, representing the limit to which are deductible from the income tax the expenditure on gifts in money and in kind included in the category of social spending , will increase…
Art. 6 of Law no. 241/2005 provides that “is an offense and is punishable by imprisonment from one year to six years detention withholding and not submitting, intentionally, within 30 days of the due date, the amounts representing taxes or…
This Ordinance repealed the previous regulation regarding the fiscal record certificate, respectively Government Ordinance no. 75/2001 on the organization and functioning of the fiscal record certificate, bringing important changes to it. Tax record is a means of recording and tracking…
The Law Project on the new Fiscal Code was sent for the second time to the Parliament, at the request made by the President of Romania, after the first adoption, by request for review. The request for review was endorsed…
In this situation, the creditors of the insurance policies (insured person, the insurance beneficiary or injured person) may apply for direct payments from the Guarantee Fund of Policyholders (GFP), which aims to protect the insurance creditors from the consequences of…
The document, which passed the verification of the Constitutional Court, provides flexible and more balanced labor relations between employees and employers. Among the main changes included in the project are changing the individual labor agreement, amending the duration of leave…
