American Chamber of Commerce in Romania
15 Years in Romania
Honored with Business Superbrands Award 2007/2008
European Council of American Chambers of Commerce in Europe
Foreign Commercial Service of the U.S. Embassy
U.S. Chamber of Commerce
Home I Business Advocacy I Committees & Task Forces
Taxation Committee
Chairman:
Name: Mihaela Mitroi
Company: PwC Romania
Coordinator:
Name: Letitia Pupazeanu
Phone: 021 312 48 34/031 226 24 26
Email: lpupazeanu@amcham.ro
Name: Mihaela Mitroi
Company: PwC Romania
Coordinator:
Name: Letitia Pupazeanu
Phone: 021 312 48 34/031 226 24 26
Email: lpupazeanu@amcham.ro
Tax Committee’s initiatives are subsequent to achieving transparency and predictability of the fiscal legislation, modernization of the Fiscal Code, and Modernization of the tax authorities and improvement of the tax collection.
The Tax Committee, in partnership with other business associations, elaborates annually recommended amendments to the Fiscal Code, Fiscal Procedures Code and the Application Norms.
The major themes the Taxation Committee advocates for are:
1. Clarification of the fiscal and accounting treatment for portfolios of receivables.
2. Introduction of the principle “in dubio contra fiscum” in the Fiscal Code or Fiscal Procedures Code.
3. Introduction of the holding legislation and fiscal consolidation.
4. Unification of the social contributions related legislation in the Fiscal Code; measures to reduce social contributions and cap taxable base for health contributions.
5. Clarification of the taxation regime for investment income.
6. Clarification of the legislation on dependent/independent nature of PFIs.
The Tax Committee, in partnership with other business associations, elaborates annually recommended amendments to the Fiscal Code, Fiscal Procedures Code and the Application Norms.
The major themes the Taxation Committee advocates for are:
1. Clarification of the fiscal and accounting treatment for portfolios of receivables.
2. Introduction of the principle “in dubio contra fiscum” in the Fiscal Code or Fiscal Procedures Code.
3. Introduction of the holding legislation and fiscal consolidation.
4. Unification of the social contributions related legislation in the Fiscal Code; measures to reduce social contributions and cap taxable base for health contributions.
5. Clarification of the taxation regime for investment income.
6. Clarification of the legislation on dependent/independent nature of PFIs.
1.
Next meeting: 05/24/2012
