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  • » 18.05.2012 - Journalists win lawsuit against the tax authorities. The Bucharest Court of Appeal repealed retroactive payment of VAT on copyrights... [ more ]
  • » 18.05.2012 - Romania might keep industrial property taxes unchanged at 2006 level until 2014... [ more ]
  • » 17.05.2012 - Romania’s new healthcare law might introduce tax on fast food, beer ... [ more ]
  • » 17.05.2012 - Agriculture Minister: Perhaps a 9% VAT for bread will not reduce prices, but it will lower tax evasion by 15 - 20% ... [ more ]
  • » 16.05.2012 - Possible reduction in VAT on bread in Q3 ... [ more ]
  • » 16.05.2012 - ANAF press release: Filing income tax returns for 2011 ... [ more ]
  • » 14.05.2012 - How will the taxes on salaries be changed? ... [ more ]
  • » 14.05.2012 - Good news for investors in the Government’s letter to the IMF: Tax on capital gains to be simplified by June ... [ more ]
  • » 14.05.2012 - Fiscal Council has calculated the level of tax evasion in Romania ... [ more ]
  • » 14.05.2012 - Romania's healthcare budget to lose RON 1 billion yearly by eliminating part of pension contributions ... [ more ]
  • » 14.05.2012 - What is simplified VAT and how is it applied? ... [ more ]
  • » 14.05.2012 - Finance Minister OKs Prime Minister to cancel retroactive payment of VAT on copyrights ... [ more ]


 
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Analyses

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Lessons learnt from transfer pricing inspections

Transfer pricing is without any doubt one of the most debated topics in international and Romanian tax shpere. This article aims at assisting Romanian taxpayers involved in related party transactions to be prepared for transfer pricing investigations by highlighting some of the most frequent issues raised by Romanian tax inspectors during transfer pricing inspections.

 

Read the article

 

Authors:

Ionut Simion – Partner, Transfer Pricing Services

Daniela Dinu – Manager, Transfer Pricing Services
Pavel Sarghi – Senior Consultant, Transfer Pricing Services





Taxpayer’s guide for the successful management of a tax inspection

 

 

 

This guide presents aspects that PwC and its correpondent law firm in Romania, D&B David si Baias SCA, have identified as critical to a good handling of tax audits problems. 


Consult the PwC guide (Romanian version)

The English version will be available soon.

 






 

Why is there more to taxes than their size?

When evaluating a country's tax system one should not only take into account the size of taxes, which, despite being an important factor, does not provide a complete picture. In this article, we highlight other factors that should be considered in evaluating the efficiency of the Romanian fiscal system and the measures Romanian tax authorities could take for economic recovery.

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How to challenge domestic tax regulations using community law arguments – practical aspects

In our opinion, Romanian taxpayers do not sufficiently benefit from their rights under community law, especially considering that 2009 is the third year since accession.This article questions whether Romanian companies are aware that over 90% of the tax cases referred to the European Court of Justice are won by taxpayers.

Read the article

 

 

“How to win in a downturn?” - Annual Tax Conference 2009

In February 2009, PricewaterhouseCoopers Romania organized its annual conference. The theme of the conference was “How to win in a downturn?”, and the following topic were discussed by PwC experts:

- Tax changes in 2009 and cash flow optimization
- Transfer pricing
- Strategic cost cutting
- The human factor

Read the presentation

 

 

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