1. Value of Meal Tickets
Monitorul Oficial al Romaniei, Part I, No 374 of 28 May 2015 has published Order No 1069 / 2015 of the Minister of Labour, Family, Social Protection and the Elderly on the determination of the index-linked nominal value of one meal ticket for the first half of the year 2015.
For the first half of 2015, with effect from May, the nominal value of one (1) meal ticket has been established at LEI 9.41.
2. Accounting Law
Monitorul Oficial al Romaniei, Part I, No 382 of 2 June 2015 has published Law No 121 / 2015 approving of Government Emergency Ordinance No 79 / 2014 that amends and supplements Accounting Law No 82 / 1991.
The major amendments introduced by Law 121/2015 refer to the following:
* natural persons who perform activities generating income and whose income is determined on the basis of factual data shall manage and maintain their accounting records in compliance with singleentry bookkeeping rules or, if they choose it, with double-entry bookkeeping rules;
* any individual who is assigned to fulfil the role of economic director or chief accountant shall be a graduate of a higher learning institute of economics. This condition is included also when defining the individual who is assigned to fulfil the role of economic director or chief accountant
The provisions of Law 121/2015 become effective as of 5 June 2015.
TAX ALERT by DS TAX ADVISORY SERVICES
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