Humanitarian and assistance measures in the context of the military conflict on the territory of Ukraine

Summary: 1. Emergency Ordinance No. 20/2022 for amending and supplementing certain normative acts, as well as for regulating humanitarian and assistance measures Emergency Ordinance No. 20/2022 for amending and supplementing certain normative acts, as well as for regulating humanitarian and… Read moreHumanitarian and assistance measures in the context of the military conflict on the territory of Ukraine

Amendments brought to the fiscal and accounting legislation

Summary: 1. Government Emergency Ordinance No. 13/2021 for the amendment and completion of Law No. 227/2015 regarding the Fiscal Code and the Accounting Law No. 82/1991 Government Emergency Ordinance No. 13/2021 for the amendment and completion of Law No. 227/2015… Read moreAmendments brought to the fiscal and accounting legislation

Application of VAT exemption with deduction right for certain VAT exempted transactions

In the context of the adoption at EU level of the package containing the so-called “quick fixes” and in order to clarify certain aspects which raised questions among the business community, Order 2148/2020 issued by the Minister of Public Finances… Read moreApplication of VAT exemption with deduction right for certain VAT exempted transactions

Tax measures in the context of the economic difficulties caused by COVID-19

In the context of the economic and financial difficulties caused by the pandemic of the new COVID-19 virus, the Romanian Government adopted the Emergency Ordinance No. 99/2020 regarding certain fiscal – budgetary measures, amendment of certain acts and extension of… Read moreTax measures in the context of the economic difficulties caused by COVID-19