Order no. 1168/2017 / 492/2018/3024/2018/3337/2017 regarding the clasification in the category of computer software development was published in the Official Gazette no. 52/18.01.2018. The law enters into force on 1 February 2018 and it is applied starting with February incomes. The income tax exemption for IT industry applies in addition to...
Law no. 29/2018 regarding the cancellation of certain tax obligations was published in the Official Gazette no. 52/18.01.2018. The law enters into force on 21 January 2018. The law provides for the cancelation of certain debts related to the sale of real estate by individual developers and for agricultural activities by...
Law no. 275/2017 for the approval of Government Ordinance no. 23/2017 on split VAT was published in the Official Gazette no. 1036/28.12.2017. Companies have to apply the split VAT system if are subject to one of the following: 31 on December 2017 have overdue VAT obligations, higher than 15,000 lei for large...
Government Decision no. 905/2017 regarding the General Ledger of employees was published in the Official Gazette no. 1005/19.12.2017. The 20 working days for Revisal reporting of salary changes has returned (previously salary changes had to be reported in Revisal before it came into effect). Any changes to the gross monthly salary, allowances,...
Government Decision no. 846/2017 to establish national minimum gross salary guaranteed in payment was published in the Official Gazette no. 950/29.11.2017. Starting 1 January 2018, the national minimum gross salary guaranteed in payment, the amount not including bonuses, is set at 1,900 lei per month for a full work program.
Emergency Ordinance no. 82/2017 (OUG 82) for amending certain normative acts was published in the Official Gazette no. 902 / 16.11.2017. In order to keep net salaries of employees after moving social contributions from employer to employee, starting 1 January 2018 employers will have to increase the gross salary of their...
OUG no. 79/2017 for amending Law no. 227/2015 regarding the Fiscal Code was published in the Official Gazette no. 885/10.11.2017. The Ordinance shall apply starting 1 January 2018. The main amendments to the Fiscal Code are as follows: Corporate tax New terms are defined, such as: borrowing costs, financial enterprise, transfer of assets,...
Order no. 2.856/2017 on establishing criteria for the assessment of fiscal risk for registration / cancellation of registration for VAT purposes was published in the Official Gazette no. 780/03.10.2017. The order is applied starting October 2017. The criteria for assessing the tax risk for taxable persons applying for registration for VAT purposes...
Order no. 2.743/2017 for approving the model of the form (086) Notice on the option to apply the VAT split payment system was published in the Official Gazette no. 763/26.09.2017. The form is used to notify the tax authority about the option to apply the VAT split payment mechanism between 1...
Ordinance no. 25/2017 for amending and completing the Law no. 227/2015 regarding the Fiscal Code was published in the Official Gazette no. 706/31.08.2017. Excise duty on diesel and gas is increased by 32 bani per litter, in two stages, 15 September and 1 October 2017 (entering into force 15 September). Expenses representing...
