Reintroduction of the “Pillar Tax”
- 17 March 2025
- Posted by: cabot tp
- Category: Editorial
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At the end of 2024, the Romanian Government approved the reintroduction of the construction tax, previously known as the “pillar tax.” Although the rate has been reduced from 1.5% to 1%, the new version introduces significant changes that may pose substantial challenges for taxpayers. The tax will be collected starting from the second half of 2025.
Elimination of tax incentives for employees in IT, construction, and agriculture: an impact analysis
- 11 February 2025
- Posted by: cabot tp
- Category: Editorial
The Romanian government has recently introduced the “Trenuleț” Ordinance, a legislative measure that brings significant changes to the tax regime applicable to certain strategic sectors of the economy.
BEFIT Proposal Directive
- 14 January 2025
- Posted by: cabot tp
- Category: Editorial
BEFIT (Business in Europe: Framework for Income Taxation) is a proposal by the European Commission, launched on September 12, 2023, aimed at creating a unified corporate income tax system within the European Union.
Support Measures for Investment Projects in the Manufacturing Industry
- 10 January 2025
- Posted by: cabot tp
- Category: Editorial
The Ministry of Finance proposes a draft Emergency Ordinance (EO) to support strategic investments in the manufacturing industry.
Differences between CbCr and Public CbCr
- 20 December 2024
- Posted by: cabot tp
- Category: Editorial
CbCr (Country-by-Country Reporting) and Public CbCr are important tools for enhancing the fiscal transparency of multinational companies. They show how revenues, profits, and other financial information of corporate groups are distributed across different countries.
Case study: how ElectroPower manages its transfer pricing
- 12 December 2024
- Posted by: cabot tp
- Category: Editorial
In brief, transfer pricing refers to the prices at which companies within the same group sell products, provide services, or offer loans to each other. These prices must resemble those used between independent companies—essentially, they should reflect a “fair market price.”
CBAM Reporting: Carbon Border Adjustment Mechanism
- 10 December 2024
- Posted by: cabot tp
- Category: Editorial
The European Union has introduced the Carbon Border Adjustment Mechanism (CBAM) as part of its strategy to reduce carbon emissions, targeting imports of carbon-intensive goods.
Quick Guide to RO e-TVA: Simplifying taxation or a headache?
- 10 December 2024
- Posted by: cabot tp
- Category: Editorial
The ordinance introduces a significant novelty: the extension of tax benefits for research and development (R&D) activities to companies that are now required to pay the minimum turnover tax (MTT).
Case Study: Application of the Net Margin Method in Transfer Pricing in a Multinational Electrical Industry Group
- 8 October 2024
- Posted by: cabot-tp.ro
- Category: Editorial
The net margin method (TNMM) is one of the methods approved by the OECD guidelines
Tax amnesty – new provisions
- 1 October 2024
- Posted by: cabot-tp.ro
- Category: Editorial
The rules regarding the tax amnesty established by GEO 107/2024 have already been modified by GEO no. 112/2024, applicable starting from September 25, 2024
