The Tax Authority has published a mandatory information which states that those who buy a house destined for living might lose the IMT exemption or the benefit to the tax rates’ reduction if in the six years following its purchase it is amended the classification of its destination for services. Such situation might occur if…
The Decree-Law nr. 123/2017 of September 25th established the transitional regime for converting previously bearer form securities to nominative form. During this transitional period the companies that have issued bearer securities must announce the conversion into nominatives, and the procedure will depend on whether or not they are registered in a centralized system. With this…
The Law 98/2017, of 24th August regulates a series of obligations related to the automatic changeover of mandatory information regarding prior tax rules applying to cross border transactions and advance pricing agreements in the taxation field. We emphasise the amendment of article 121-A CIRC, according to which the holding company of a group of companies,…
The Decree number 326/2017, of 30th October upgrades the coefficient of currency devaluation which is to be applied to assets and inalienable rights during the present year, in accordance with article 47 from the IRC Code and 50 from the IRS Code, to determinate the taxable income. According to the information provided by the National…