Tax Alert Taxation of part-time contracts Starting with the income of January of the current year, the taxes for the part-time employees are calculated proportionally with the income,… Read more
Tax Alert Be aware of deadline – Pro rata to be applied in 2020 The Fiscal code requires taxpayers to compute and communicate the pro-rata percentage and its computation method until January 27th. This percentage has… Read more
Tax Alert The deadline for submitting the form regarding the beneficiaries of the sponsorships is approaching The micro-enterprises income taxpayers that carried out sponsorship activities must submit the declaration 107 about the beneficiaries of sponsorship up to the… Read more
Tax Alert Fiscal ceilings 2020 Tax ceilings EUR Exchange rate RON Micro enterprises 1,000,000 Exchange rate 31.12.2019 – 4.7793 RON/EUR 4,779,300 Switching from unpaid to paying VAT… Read more
Tax Alert Updates in the VAT period Submission of form 700 “Declaration for the registration / modification in electronic environment of the categories of declarative tax obligations registered in… Read more
Tax Alert The minimum wage increases by 150 lei from January 1st 2020 The Government issued the Decision no. 935/2019 which regulates the minimum gross salary guaranteed for payment. The minimum gross wage will increase… Read more