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12 February 2020      |     Author Stela Colun

Dear Partners,

 

I present you in this newsletter the amendments brought to the Fiscal Code by the Government Ordinance no. 6/2020, published in the Official Gazette of Romania, Part I, no. 2/31.01.2020 („Ordinance”).

 

Strategic amendments refer to hybrid mismatches – additional norms against practices designated to avoid tax obligations (from corporate income tax perspective), call-off stock arrangements and chain transactions (from VAT perspective).

 

These changes entered into force on 3rd February 2020.

 

It is also provided that, in 2020-year, the deadline of 15th March for submission of the Single Declaration and for payment of the individual income tax and social contributions is extended to 25th May 2020 including.

For more details, I recommend checking the tax newsletter on the following link. ColunTax-Buletin-TaxAlert-OUG 6-2020-07.02.2020

 

Stela Colun PhD

Tax Adviser

Mobile: +40 748 733 865

stela.colun@coluntax.ro

 

Colun Tax Consulting SRL

7 Barajul Sadului Alley

Bucharest, Sector 3

https://coluntax.ro/

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