Government Decision no. 1/2016 for the approval of the methodological norms for the application of the new Tax Code has been published in the Official Gazette no. 22 on 13 January 2016.
As a general note, the newly published Norms bring more examples and details in order to clarify the provisions of the Fiscal Code applicable starting 1 January. We have summarized below the main amendments and clarifications introduced by the Norms, organized as the titles of the Fiscal Code.
We trust you find the information provided in our eBookabout the main changes to the Norms to the Fiscal Code in Romania useful. We would like to encourage you to come back to us for any additional information you might need or to request our assistance in this matter.
Taxation on revenue of small and medium enterprises (SME)
Withholding tax and taxation of representative offices