State Aid for investments in industrial parks
The Romanian Ministry of Regional Development and Public Administration has announced the launching of two new State Aid schemes promoting investments in industrial parks as from 1 October 2013.
New rules on social health insurance contributions
Ordinance no. 88/2013 on regulation of some fiscal-budgetary measures to fulfill the commitments agreed with international bodies, as well as for amending and supplementing certain acts has been published in the Official Journal(no. 593/20.09.2013).
Amendments to the Fiscal Procedure Code
According to previous amendments to the Fiscal Procedure Code under O.G. no. 8/2013, where an individual is subject to a tax audit, the individual has the obligation to submit a Wealth and Revenue return upon request by the tax authorities.
Changes to the Norms to the Fiscal Code
Apart from certain provisions regarding excise duties which will enter into force starting 1 September 2013, the amendments made by the Decision take effect on its date of publication.
Amendments to the Fiscal Code
Government Ordinance no. 16/2013 on amendments to the Fiscal Code and regulations of some fiscal-budgetary measures has been published in the Official Journal of Romania (no. 490 of 2 August 2013).
Permanent establishments – new tax procedures
The National Agency for Fiscal Administration (ANAF) has recently approved two instructions relevant for non-resident taxpayers carrying out activity in Romania through one or more permanent establishments.
The reorganization aims to increase efficiency and simplify the decision making process within ANAF, by setting up regional tax offices, creating a centralized antifraud structure and by centralizing certain support activities.