Two of the most recent changes in the Tax Code are postponed to 01.01.2022: 1. The full deduction of the provision for certain bad debts 2. The increase of the value of houses that reduced VAT quota (5%) applies to (the new value is EUR 140,000). The provisions of Ordinance 69/2020 regarding the possibility to cancel the interest to fiscal debts overdue at 31.03.2020 are still applicable during 01.01.2021 and 31.03.2021.
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