Taxation of foreign companies in Romania
The European Commission has issued a reasoned opinion for Romania in relation to amending the discriminatory tax treatment of foreign companies. Details are set out in a European Commission press release (MEMO/13/122, dated 21 February 2013).
Legislation permitting changes to local taxes
The GO maintains the minimum level at which local authorities may opt to set local taxes and fines for 2013, in accordance with Government Decision no.1309/2012, at the rate used in 2012.
Changes to the Norms to the Fiscal Code
Government Decision no. 1071 of 6 November 2012 to amend the Norms to the Fiscal Code has been published in the Official Journal of Romania (no 753; 8 November 2012).
Changes to the Fiscal Procedure Code
Law no. 162/2012 to approve Government Ordinance no.2/2012 amending the Fiscal Procedure Code (“the Law”) has been published in the Official Journal of Romania (no.691/8 October 2012).