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.

The year 2021 began with many tax innovations, most of which are beneficial to companies.

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