Enhancement of tax inspections in the field of transport

Tax inspections have recently been carried out at the level of several Romanian transporters, resulting in the reclassification and taxation of the daily allowances as salary income. In the context of recent tax inspections, we recommend that companies operating in the transport sector undertake a thorough analysis to determine whether they are at [...]

By |2019-05-20T10:42:53+00:00May 16th, 2019|Smart Facts|0 Comments

Transfer prices

Romanian companies must take into consideration documenting all intra-group transactions, irrespective of their value. Otherwise, the tax authorities may consider the transfer pricind documentation incomplete and sanction the company accordingly (by applying finesand, the most significantly, by estimating the amount of transfer prices).

By |2019-02-01T13:43:58+00:00April 26th, 2017|Smart Facts|0 Comments