Finance News by Mazars Romania - August 2022

Wed | 31.08.2022

Accounting/audit/tax

Important changes brought to the Fiscal Code, by Mazars

The publication of the Government Ordinance no. 16/2022 in the Official Gazette on 15 July brought a series of amendments that significantly changed the Fiscal Code.

The complexity of these changes impact almost all sectors, with various new regulations concerning the micro-enterprise regime, the deductions for taxation of wages, the social contributions and part-time wages, and the indirect taxes and local taxes.

 

Mazars’ specialists are ready to support all the taxpayers who need clarifications for the implementation of the new rules.

 

Read more info HERE.

 

 

Investments for a sustainable and digital Romania, powered by Mazars

In April, the European Commission adopted an ambitious and comprehensive package of measures to help improve the flow of money towards sustainable activities across the European Union. In order to achieve the transition to a socially responsible and net zero economy, EU companies must find the right strategy to significantly transform and increase the pace of change, as the Sustainable Finance package proposed has the scope of enabling investors to re-orient their investments towards more sustainable technologies and businesses.

 

Mazars’ experts are ready to discuss the impact of the new European and national regulations – Green Deal and Green Taxonomy, on the local business environment.

 

Read more info HERE.

 

 

Mazars published its tenth edition of its regional tax guide

The guide represents offers up-to-date information on taxation in 22 European countries, including labor costs, corporate profit taxation, and transfer pricing. The guide serves long-term investment decisions by analyzing long-term taxation trends and fundamental changes in the tax regimes, both in comparison with each other and to previous years.

In addition to the Visegrad Group, the guide analyses the tax regimes of the South-Eastern European countries, Germany, Austria, Moldova, Ukraine, and the Baltic States, focusing on changes and trends in the tax regimes.

 

Download the guide HERE.

Check out the online benchmark platform HERE.

 

 

Latest tax alerts, by Mazars

Mazars’ professionals are constantly preparing materials to help you stay up to date with the latest legislative measures.

Latest news:

 

Major Fiscal Code modifications

On 15.07.2022, The Ordinance amending and supplementing Law no. 227/2015 on the Tax Code, repealing certain normative acts and other financial-fiscal measures was published in the Official Gazette no. 716, Part I.

 

New amendments to the Tax Procedure Code & Tax facilities in the agricultural and construction sectors

Emergency Ordinance no. 102/2022 amending and supplementing Law no. 207/2015 on the Tax

Procedure Code was published in the Official Gazette no. 654.

 

News on RO e-Transport System

On 30 June 2022, Emergency Ordinance No 106/2022 and Order No 1190/2022 approving the Procedure for the use and operation of the national system for monitoring the transport of goods with high tax risk RO e-Transport was published in the Official Gazette.

 

Read more info HERE.

 

 

This article is provided by our Finance Partner, MAZARS Romania

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