Update, October 2026. The list of free professions described in this article is no longer applicable. The Constitutional Court, by Decision No. 52 of June 27, 2024, repealed Article ...Read More

Key points: Normative Act No. 7, dated December 14, 2023, amended Law No. 29/2023 just days before it came into force. The first amendment divided….Read More

Key points: Controlled transactions must comply with the arm's-length principle; otherwise, taxable profit increases. Accepted methods also include the margin method.Read More

Key points: The dividend received is excluded from taxable income when the ownership is at least 10 percent and held continuously for 24 months. The deduction of….Read More

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

Key points: The annual tax base consists of employment, business, and investment income. From the base, allowances and deductions known as... are subtracted.Read More

Key points: A foreign entity is considered controlled when the individual, alone or together with related persons, holds more than 50% of the rights. Undistributed profit….Read More

Key points: Instruction No. 26, dated September 8, 2023, explains how Law No. 29/2023 is applied in practice. It has been amended most recently by Instruction No. 9,...Read More

Key points: Investment income includes interest, dividends, fees, rent, and capital gains. Capital gains from the disposal of real estate are taxed at 15%. Te….Read More

Key points: Business income includes the activity of traders and the self-employed. The special regime allows the recognition of presumed expenses in….Read More