tax
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Tax return forms make good business
Standardised forms and cards maker Inform Lykos posted 12.7 million-euro turnover last year, 30% more than in 2001. The company is set to relocate to new headquarters in the Militari neighbo...
Don't start working on those accounting books just yet! New tax law changes in store
It looks like the Romanian companies will not see their dream of stable tax legislation come true this year. Only six months after having been enacted, the Profit Tax Law and the VAT Law are...
Advertising tax dropped
The Cabinet during its latest meeting decided to drop the advertising tax that had to be paid by those benefiting from such services, government sources said. Ordinance 36/2002 on local taxe...
Nothing shall escape the income tax: employee perks are next
Springing from the "nothing shall escape the income tax" principle, the norms for the legislation in this field, which were approved by the Government at the end of last year, define all the...
Tax memory goes online
As of January 9, 2003, no trading company will be set up or registered with the Trade Registry without the partners, shareholders or legal representatives of the respective legal entity prod...
Finance Ministry has major tax changes in store. For 2004
Since the 2003 budget has been endorsed by a law, next year will not see any major tax changes, Finance minister Mihai Tanasescu says. The significant modifications, either good or bad for t...
Inflation tax for capital gains
The manner of calculating the capital gains for initial investments made in foreign currency, the calculation and payment of the capital gain tax, the profit tax payment obligations and what...
No profit tax for small enterprises
No profit tax for small enterprises
No profit tax for small enterprises
According to the ordinance on small enterprises taxation, the companies falling into the category of small enterprises, as stipulated by the Law, are profit tax-exempt starting with Septembe...