STUDY CONCERNING THE IMPACT OF PROFIT TAX ON THE COMPANIES’ ACTIVITY

• Main Authors: Violeta Isai, Ana-Maria Butunoi, Victorita-Cosmina Danila
• Format: Article
• Language: English
• Published: Dunarea de Jos University of Galati 2015-05-01
• Series: Risk in Contemporary Economy
• Online Access: http://www.rce.feaa.ugal.ro/images/stories/RCE2015/MA-Works/IsaiButunoiDanila.pdf

Within the fiscal reform in Romania, the harmonization of the law regarding the profit tax with the community one prompted deep alterations aimed namely at: the scope (the taxation of the foreign legal people and of the incomes from external sources), the non-deductible and fiscally deductible amounts, the facilities granted to the taxpayers, the way of covering the fiscal losses etc. This harmonization was intended to avoid the double taxation of the incomes made from activities carried out by economical agents in several states of the European Union space. This means finding encouraging solutions to the cross border activities by renouncing the discriminatory fiscal rules by which the incomes are taxed twice, with the later return of the taxes in one of the states.