LAW NO. 76/2023 ON PRIVATE PENSION FUNDS[1] In support of articles 78 and 83, point 1, of the Constitution, upon the proposal of the Council of Ministers,...Read More

The government anticipates that within the next two years, under the fiscal framework, some reduced tariffs, direct tax exemptions, and those exemptions will be eliminated...Read More

Applicable Rules on Business Reorganizations Business reorganizations include mergers, divisions, partial divisions, stock exchanges, and transfers of business branches....Read More

Taxable income Taxable income includes any income realized by a person, subject to this chapter, during the taxable year, less expenses...Read More

INSTRUCTION No. 29, dated 16.11.2023 ON TRANSFER PRICING AND ADVANCE PRICING AGREEMENTS Pursuant to Article 102, paragraph 4, of the Constitution of...Read More

Income and the calculation of corporate income tax payable. Except as otherwise provided by this law, all activities of...Read More

DECISION No. 119/2023 ON THE NON-APPROVAL OF THE DRAFT LAW “ON AN AMENDMENT TO LAW NO. 9975, DATED JULY 28, 2008, ‘ON NATIONAL TAXES,’ AS AMENDED” In support of the articles...Read More

As of January 1, 2024, the new “Income Tax” law comes into effect. Under the new law, employment income will….Read More

Annual tax base The annual tax base consists of: a) annual taxable employment income; b) annual taxable business income; c) income….Read More

When an individual has an interest in a foreign controlled entity, the profits of which are not subject to tax or are...Read More