|
Tax
laws and practices
have been subject to several changes during the past 15 years. To
date, the Romanian tax legal system has reached a better stability
and consistency than in the previous years.
All
taxes are now regulated, at the level of primary legislation, by
a Tax Code, while assessment and payment procedures are regulated
by a Tax Procedures Code.
Romania
is also signatory of a certain number of bilateral treaties concluded
with various countries (eg.the USA, Canada, most European countries,
etc.) in order to prevent double taxation.
|
Our
services
in this area include legal advice/assistance/representation in relation
to:
·
Tax planning of inbound and outbound investment;
· Drawing out and implementation of tax efficient corporate
or contractual structures;
· Management structures and agreements;
· Individual taxation issues;
· Cross border commercial transactions;
· Terms of double taxation relief;
· Availability of tax incentives;
· Equity and real estate transactions;
· Resolution of disputes with tax authorities. |