income tax
Law no. 227/2015 regarding the Fiscal Code in 2016
last updated income tax code: the Government Emergency Ordinance no. 32 of June 28, 2016
Annotated edition of the Methodological Norms approved by H. G. 1/2016,
Last Updated: Government Decision no. 159 of March 11, 2016 Romania
and orders for the implementation of the Tax Code Romania
issued until August 19, 2016
TITLE I – General Provisions
CHAPTER I – Purpose and scope of the Tax Code
Art. 1 – Purpose and scope of the Tax Code
ART. 2 – Taxes, duties and mandatory social contributions regulated by the Tax Code
CHAPTER II – application and amendment of the Fiscal Code
Art. 3 – The principles of taxation
Art. 4 – Amending and supplementing the Fiscal Code Romania
Art. 5 – Norms, instructions and orders
Art. 6 – Consistent application of legislation
CHAPTER III – Definitions
Art. 7 – Definitions of common terms
Art. 8 – The definition of permanent establishment
CHAPTER IV – rules of general application
Art. 9 – currency payment and calculation of taxes
ART. 10 – Income in kind. income tax Romania
Art. 11 – Special provisions for the application of the Tax Code Romania
ART. 12 – Income from Romania by non-residents
TITLE II – Income Tax
CHAPTER I – General Provisions
ART. 13 – Contributors
ART. 14 – The scope of the income tax
Art. 15 – Special tax rules
ART. 16 – The fiscal year
ART. 17 – The income tax rate
Art. 18 – Special scheme for Romanian taxpayers engaged in night bars, nightclubs, discotheques, business casinos Bucharest Romania
CHAPTER II – Calculation of earnings tax
Art. 19 – General rules, income tax
ART. 20 – Deductions for R & D expenses
ART. 21 – Fiscal rules for taxpayers who apply accounting regulations in accordance with International Financial Reporting Standards
ART. 22 – The tax exemption for reinvested profit
ART. 23 – Non-taxable income
ART. 24 – Taxation of dividends received from Member States of the European Union Romania
ART. 25 – Expenses
ART. 26 – Provisions / adjustments for depreciation and reserves
ART. 27 – Interest expenses and exchange differences
ART. 28 – Tax depreciation
ART. 29 – Leases
ART. 30 – Contracts trust
ART. 31 – tax losses
ART. 32 – The fiscal regime applicable to mergers, divisions total, partial divisions, transfers of business partner and assets and tax code acquisitions of shareholdings between Romanian legal
ART. 33 – System of taxation applicable to mergers, divisions total, partial divisions, transfers of assets real estate properties and exchanges of shares concerning companies of Romania and companies of other Member States of the European Union
ART. 34 – Business Combinations or unincorporated
Art. 35 – General rules of legal entities domiciled in Romania, established under the laws of European income tax and foreign legal entities which belong to exercise effective leadership in Romania
CHAPTER III – International tax issues tax code
ART. 36 – The result of a permanent tax
ART. 37 – The result of the fiscal tax code foreign legal entity operating through multiple permanent income tax establishments in Romania
ART. 38 – The income of a foreign legal entity from the transfer of real estate located in Romania or any rights on these properties, business for sale income tax revenues from natural resources located in Romania and income business ideas
ART. 39 – Avoidance of double taxation
ART. 40 – Foreign tax losses
CHAPTER IV – Payment of tax and lodging tax
ART. 41 – Declaration and payment of profit tax cf Tax Code
ART. 42 – Filing tax declaration