Key points: As of January 2024, Decree No. 753/2023 removed liberal professions (IT specialists, lawyers, economists, architects, doctors, etc.) from the 0% norm and placed them under the….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: How to determine if you have related-party transactions that must be justified on a arm's-length basis. Which methods does the law allow for this?.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
Key points: How the annual base on which your tax is calculated is built from the three types of income. Why the base never goes below zero,...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
