Examples of using New fiscal code in English and their translations into Romanian
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How does the new Fiscal Code influence SMEs in Romania?
Hereby the most important changes in the New Fiscal Code.
Of the New Fiscal Code brings some additions and clarifications.
The Romanian Parliament passed a new fiscal code by a slim three-vote majority.
The new Fiscal Code will enter into force on 1 January 2016, bringing the following amendments:.
Now they have to obtain a new fiscal code and practically all have obtained.
SIVECO Applications is the first IT application updated according to provisions of the new Fiscal code.
Lucian Ghinea adds:“I welcome the new Fiscal Code draft proposed by the Government.
The new Fiscal Code, adopted in September 2015, brings various of changes, applicable from different data.
One of the most important changes that the new Fiscal Code brings, starting January 1st 2016, is the reduction of VTA to 20%.
The new Fiscal Code brings the following changes regarding the incomes derived from intellectual property rights.
Valuation reviews of valuation reports for taxation purposes in accordance with the New Fiscal Code and GEV 500 designed to aid local authorities.
As of January 1st 2016 a new Fiscal Code will come into force. It provides for a drop in the VAT from 24% to 20% and down to 19% in 2017.
The Liberal Party headed by Mihai Ghimpu figured as a"state institution" until November 8th,2010 and after it obtained a new fiscal code, it entered the category of"other non-commercial organization".
The only exception mentioned by the new Fiscal Code is represented by the incomes derived from intellectual property rights.
The event brought together representatives of the business environment in Romania andpersonalities of central and local government, in a public consultation on the methodological norms and concrete steps in applying the new Fiscal Code.
In turn, Minister of Finance,Mr. Darius Vâlcov said that the new Fiscal Code project is equivalent to a short and medium term strategy for Romania.
The new Fiscal Code, with the changes made in January 2005(Par 90), sets the quota of the income tax a natural person can donate to a NGO to 2%.
The amount and the formula of the personal deduction were changed by the new Fiscal Code, namely through a law recently published in the Official Gazette, the MFP Order no.
According to the new Fiscal Code, entrepreneurs benefit from a wider scope regarding the items which they purchase and which fall under the tax relief law for the reinvested profit.
Romania's new Fiscal Code, endorsed after lengthy debates, primarily stipulates a slash of the VAT from 24% to 20% as of next year, with a further 1% cut as of 2017.
Romanian deputy prime minister resigns over new fiscal code 02/06/2006 BUCHAREST, Romania- Deputy Prime Minister George Copos resigned from the government Thursday(1 June), citing his disagreement with the new fiscal code, adopted by the cabinet Wednesday.
After adopting the new Fiscal Code, the beneficial measures of fiscal relaxation for the entrepreneurs and business environment are those that will be applied from 2017, here in question the tax reduction on dividends to 5%, eliminating the tax on special construction and the over excise duty on fuel, which will be honoured or modified by the new government which will be formed after the 2016 elections”, declared Mr. Mihai Daraban.
Changes of the Fiscal Code- new criteria to determine the….
Changes of the Fiscal Code- new criteria to determine the dependent/ independent activities.
Home Tax Alert Changes of the Fiscal Code- new criteria to determine the dependent….
The procedure that regulates penalties for reporting failure imposed by the New Fiscal Procedure Code was published.
The new obligations are stipulated in the New Fiscal Procedure Code(Law 207/2015).
The new Fiscal Procedure Code includes a level of 1% of default charges per month or part of month in case of tax liabilities managed by local tax authorities, as compared to 2% at present.
On the other hand, the new fiscal procedure code did not undertake the text allowing the taxpayer to contest also”the lack of act”, which could generate contrasting interpretations and future conflicts between taxpayers and authorities.