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Navigating the Carbon Border Adjustment Mechanism (CBAM): A Guide for Businesses and Accountants
In response to the pressing need for stringent climate action, the European Union (EU) has elevated its climate targets, paving... read more
Tax News OUG 115
New changes to the fiscal legislative framework were published on 15.12.2023, as follows: Corporation Tax New rules for deducting the amounts... read more
Elevating Business Efficiency: A Comprehensive Guide to E-Invoicing and the Role of Professional Service Providers
In the fast-paced realm of modern business, innovation continues to reshape traditional practices. One such transformation is the widespread adoption... read more
Various cash limitations are brought back to previous level with some exceptions
The following changes are still valid: Advances for cash settlement are limited to RON 1,000/day per person. Ceiling at the... read more
Important changes in payroll taxes applicable starting November 2023
Changes in IT, constructions, agriculture and food industry • The income tax exemption related to salary income, applicable for employees... read more
Romania and the Evolving European Supply Chain Landscape
Romania is making significant strides in its transition to green energy, with the country on track to source 71% of... read more
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... read more