The High Court of Cassation and Justice decided that the tax authority acted incorrectly when applying the legal VAT rate for the entire amount paid by the purchaser as a sale price, therefore it is required to remake computations through… Read moreThe tax base of VAT
Over the last year fewer companies went into insolvency, but their impact on the economy is more important by the domino effect created, says an analysis of the CITR specialists, the leader of insolvency market in Romania. “Looking at the… Read moreCITR Analysis: The number of insolvencies had halved, but the size of the affected business sites is increasing
”What is the impact that the several lawsuits opened by pharmaceutical companies in order to recover the clawback tax will hold on the budget of the National House of Health Insurance, given the fact that the Law Firm IONESCU ȘI… Read moreRadu Ionescu: What is the impact of the lawsuits for reclaiming the clawback tax to the budget of National Health Insurance House?
The High Court of Cassation and Justice ruled that Law no. 31/ 1990 regularizes a “ad nutum” revocation of the mandate given to the directors of the joint-stock companies, these ones couldn’t ask for their reinstatement, but only for damages,… Read moreRevocation of the director’s mandate. Labour rights vs. damages
Ordinance no. 37/2015 amending some legislative acts in the field of consumer protection (“Ordinance no. 37/2015”) was published in the Official Journal no. 654 of 28 August 2015 and entered into force on September 7, 2015. This changes Government Ordinance… Read moreChanges to the Romanian legislation on consumer protection