Tax Alert Ethics – The Moral Compass of Service Businesses Ethics is a branch of philosophy that deals with human behavior and conduct within a society. Its origin comes from the Greek… Read more
Tax Alert Major Changes to Romania’s Tax System: A Breakdown of New Laws and Regulations Amendments in corporation tax area: Starting with January 1, 2024, taxpayers who registered a turnover bigger than EUR 50,000,000 in the previous… Read more
Tax Alert Order 191/2023 approving the form and content of reports for suspicious transactions The Order approves the following documents: The form and content of the Suspicious Transactions Report for banking and non-banking reporting entities; The… Read more
Tax Alert Law 216/2023 brings clarifications regarding the delivery and installation of photovoltaic panels The law brings clarifications regarding the extension of the application of the reduced VAT quota to other supplies of goods and services,… Read more
Tax Alert VAT exemptions for products and services for the medical field Law no. 88/2023 adding new VAT exemptions, will be applicable from June 11th 2023. Such exemptions are: 1. Construction services provided to… Read more
Tax Alert Tax changes Tax-exempt sports activities A new exemption from tax and social contributions was regulated by Law 34/2023. This provides that subscriptions for sports… Read more