Deloitte was awarded the Tax Firm of the Year in Europe and in the CEE Region, for its remarkable achievements in Romania, Bulgaria, the Czech Republic, Slovenia and Slovakia, at the 2020 European Tax Awards, organized by the prestigious International… Read moreDeloitte, recognized as the Tax Firm of the Year at the 2020 European Tax Awards
Bucharest, 31 July 2018. Multinational groups of companies anticipate substantial legislative changes, increasing compliance burden with international reporting rules and greater scrutiny, according to the fifth edition of Deloitte “BEPS Global Survey”. The survey has been conducted each year starting… Read moreDeloitte Survey: Legislative changes, compliance burden and greater scrutiny, the main challenges for multinational groups
Bucharest, 30 October 2017 – On the occasion of the annual conference Taxnology, Deloitte Romania conducted a survey among the participants representing of some of the largest investors in Romania, to find out the perception of the business environment regarding… Read moreDeloitte Survey: Perception of the Romanian business environment on the evolution of tax system in 2017
Deloitte introduced the firm’s apps for digital era Bucharest, 17 October 2017. The impact of the latest tech changes on fiscality were discussed from several perspectives during the annual conference Taxnology, organized by Deloitte Romania and Reff & Associates,… Read moreDeloitte annual conference Tax&Legal: Taxnology, how fiscality changes due to technology
Bucharest, June 23, 2017 – The tax practice of Deloitte’s member firms has won 24 awards at the 2017 European Tax Awards organized by the International Tax Review (ITR) publication, more than any other participating organization in this year’s… Read moreThe tax practice of Deloitte’s member firms, winner at the ITR European Tax Awards
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
