Law no. 163/2018 to modify Law 82/1991, to modify Law 31/1990 and to modify Law 1/2005 was published in Official Gazette no. 595/12.07.2018. Starting with July 15th 2018 Companies may distribute dividends every 3 months, based on quarterly Financial Statements. Any eventual differences according to yearly Financial Statement must be settled in 60 days after the Yearly Financial Statements are approved. The dividend distribution from unreal profits or without previous approval of quarterly/yearly Financial Statements is a criminal offence.
Tax Alert Transfer pricing updates ANAF Order No. 828/2026 introduces significant changes in the field of transfer pricing. However, with the exception of large taxpayers, the preparation… Read more
Blog A conversation on loyalty, growth, and the power of kindness In a world where careers often move at lightning speed, finding someone who has dedicated two decades to a single mission is… Read more
Tax Alert Emergency Ordinance (OUG) 8/2026 to approve actions for Economic Recovery has entered into force The main provisions in the area of tax legislation are: A. CORPORATE INCOME TAX • An additional mechanism to stimulate investment in… Read more