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When the law divides injustice

The structure introduced in December last year by Law 239/2020 is aimed at companies that spend on early education and can deduct these costs from income tax due.

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Legal and fiscal news for 2017

January 26, 2017Renata Ban

Starting with 2017 a series of legislative changes will take place. Some are applicable from the 1st of January, the others from the 1st of February. We have grouped them in several main categories:

The corporate income tax:

  • The taxpayers engaged exclusively in innovation, research and development activities will be exempted from profit tax in the first 10 years of service;
  • Will be extended the deadline for the tax exemption regarding reinvested profit in technological equipment, computers, electronics and peripheral equipment, and also software.

The income tax for microcompanies

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