To whom do the law’s provisions apply? The provisions of Law no. 170/2016 apply to Romanian legal entities that perform activities corresponding to the following CAEN codes: 5510 – “Hotels and other similar accommodation “ 5520 – “Accommodation facilities for… Read moreLaw on taxation of activities in the HoReCa industry is adopted
The Law regarding the tax on specific activities (such as: activities performed in the area of hotels, restaurants or bars) also known as the “HoReCa” Law, after being sent back for re-examination and subject of several amendments, was adopted in… Read moreThe Chamber of Deputies had formally approved on September 20, 2016 the Law for tax on specific activities
Some terms used in the previous agreement have been clarified (e.g. enterprise, company). Two new criteria have been introduced in regards to the definition of residents – i.e. the place of registration / place of incorporation is considered a country… Read moreNew Double Tax Treaty between Romania and Bulgaria
The law contains amendments with respect to Law 227/2015 on the Fiscal Code for amending art. 477, line (7). As such, it has been clarified that the tax for advertising and publicity services will be declared and paid by the… Read moreAmendments to the New Fiscal Code
The procedure for applying Emergency Ordinance no.44 / 2015 (“the Emergency Ordinance”) on granting tax concessions for claims administered by the central fiscal authority was published in the Official Gazette no. 874 / November 23, 2015. The procedure applies to… Read moreProcedure for applying new tax concessions
