The latest measures to support employers and employees were established by GEO 92/2020, published on 28.05.2020. These are: The refund from the unemployment insurance budget, for a period of 3 months starting with June 1, 2020, of a percentage of 41.5% of the gross salary for each employee who resumes his...
The measure granting a bonus for the payment of the corporate income tax / income tax of micro-enterprises /specific income tax was extended for the second and third quarter of 2020, provided that the debts due are paid by until the deadline, respectively July 25, 2020 and October 25, 2020. The...
The Emergency Ordinance regulates 4 types of fiscal facilities and covers several eventualities: Cancellation of interest, penalties and all accessories related to the outstanding budget obligations (i.e. principal) as of March 31, 2020, inclusive, in the case of taxpayers who at this date register both accessory budget obligations and main...
The Government approved the extension of the deadline for submitting the Personal Income Tax Return on income tax and social contributions due by individuals as well as the extension of the deadline for payment of related obligations until June 30, 2020. The persons who will submit the return electronically and will...
A value added tax reimbursement is approved by the central fiscal body, based on a risk analysis of fiscal inspection. Although, there are some exceptions for those with a negative VAT on returns. The exception includes: a) Those under the fiscal inspection started on 16.04.2020 b) Large and medium taxpayers who submitted...
It was introduced into national legislation Directive MDR 6 by Order 5 of 31.01.2020. The Council of the European Union has adopted Directive 2018/822 on mandatory reporting and exchange of information on cross-border tax arrangements. According to the Directive, the first reporting of cross-border arrangements to the national tax authority must...
Formatul actual al Declaratiei Unice a fost reglementat prin Ordinul ANAF nr. 139/2020. Termenul pana la care poate fi depusa in acest an Declarația Unica a fost extins pana la data de 25 mai 2020. Formularul fiscal se depune pentru declararea veniturilor aferente anului 2019 si pentru estimarea veniturilor aferente anului...
The deadline for Payment of dividend tax in the case of distributed dividends, but which were not paid to shareholders or associates until the end of the year in which the annual financial statements were approved is 27th of January. CATEGORIES OF CONTRIBUTORS: - Legal entities that pay dividends to shareholders or...
Starting with the income of January of the current year, the taxes for the part-time employees are calculated proportionally with the income, according to Law 263/2019. Prior to this new regulation, the minimum basis to determine the social security contribution and health insurance contribution was equivalent with the regulated gross minimum wage. Basically, the...
The Fiscal code requires taxpayers to compute and communicate the pro-rata percentage and its computation method until January 27th. This percentage has temporary use. There is no standard statement, so the pro-rata notification for the current year can take the form of a letter. According to the Fiscal Code, the temporary pro-rata...
