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Today's Articles

KPMG: Price sensitivity and product quality, the key to success in 2012

Despite a Sluggish Revenue Forecast for 2012, Consumer Companies Plan to Invest in Emerging Markets, Product Innovation and Mobile Commerce, says KPMG survey.

29 Feb 2012 | Full article

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Mazars organizes the Seminar “New tax provisions for 2012″

As 2011 came to an end and 2012 has barely started, the Romanian tax legislation went through a series of substantial changes. The new provisions might have a significant impact on your business activity.

22 Feb 2012 | Full article

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Netherlands-Romanian Chamber of Commerce urges Authorities to allow Romania’s Access to Schengen

The Netherlands-Romanian Chamber of Commerce (NRCC) urges the Dutch authorities to approve as soon as possible Romania’s bid to join the Schengen area.

20 Feb 2012 | Full article

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News about the Tax on Motor Vehicle Emissions

In the Official Journal no. 17/ 2012 it was published Law no. 9/2012, regarding the tax on motor vehicle emissions. Likewise, in the Official Journal no. 29/2012 it was published Government Resolution no. 9/2012 approving the Methodological Norms for the application of Law no. 9/2012.

13 Feb 2012 | Full article

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Only three of 27 EU Member States are in favour of a Financial Transactions Tax

The European Commission’s proposal for an EU wide tax on financial transactions (FTT) has generated much public and political discussion since it was published on September 28, 2011.

09 Feb 2012 | Full article

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Other Articles

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Government assigns EUR 23 million to local election campaign

The Romanian Government has decided to assign around EUR 23 million (RON 100 million) to campaigns for the local election to be held this year on June 10, almost 30 percent more than the RON 66 million allocated in 2008.

2 May 2012 | Full article
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Agricover Credit IFN has EUR 12.5 million for farmers

Agricover Credit IFN, part of Agricover group and the only financial division specialized exclusively on agriculture, signed a financing agreement worth EUR 12.5 million with The International Finance Corporation (IFC), member of the World Bank Group.

2 May 2012 | Full article
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Law to combat domestic violence updated

Following recent demonstrations over domestic violence against women, President Traian Basescu signed a decree bringing into force modifications and updates to Law 217/2003 against domestic violence, according to a presidential spokesperson.

2 May 2012 | Full article
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PwC Romania and David & Baias provided advice in the ROMBAT – Metair transaction

PwC Romania and its correspondent law firm in Romania, D&B David si Baias, provided financial, tax and legal advice on the buy-side in the transaction involving the sale of the majority shares of ROMBAT Bistrita to South-African based firm Metair International Holdings Cooperatief.

15 Mar 2012 | Full article
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PwC: Threat of recession contains risk of further bank failures

The risk of another global recession and a renewed banking crisis is high according to a new survey of the dangers currently facing the world’s banking industry.

29 Feb 2012 | Full article
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Forms used for the declaration of self assessment taxes or of taxes withheld at source

In the Official Journal no 75/2012 it was published Order no 70/2012 of the President of the National Tax Administration Agency, amending and supplementing the same President’s Order no 101/2008 approving the model and content of Forms used for the declaration of self assessment taxes, charges and contributions or of taxes withheld at source.

13 Feb 2012 | Full article
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The annual Profit Tax Return for 2011 shall be filed until March 25

Art. II of Government Ordinance 2/2012 published in the Official Journal no 71/2012 specifies that the annual profit tax return for 2011 shall be filed by all taxpayers with the competent tax authority until 25 March 2012.

13 Feb 2012 | Full article
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The Tax Procedure Code has been amended

In the Official Journal no 71/2012 it was published Government Ordinance no 2/2012 amending and supplementing Government Ordinance No 92 / 2003, regarding the Tax Procedure Code.

13 Feb 2012 | Full article
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News about Natural Persons’ tax residence in Romania

In the Official Journal no 73/2012 it was published Order no. 74 of the Minister of Public Finance, which regulates aspects related to natural persons’ tax residence in Romania that approves the new Forms, valid as of 1 January 2012, which are compliant with art. 40 (2)-(7) of Law no. 571/2003, regarding the Tax Code, and the Conventions for the Avoidance of Double Taxation.

13 Feb 2012 | Full article
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Asia Pacific generated most of the transaction in the energy sector in 2011

he power deal world is heading in new and different directions that will lessen the impact of the eurozone crisis on deal totals, according to PwC’s annual Power Deals report

13 Feb 2012 | Full article
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