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A new threshold exceeded in the practice of transfer pricing: ANAF accepts voluntary adjustments by reducing the tax base

A new threshold exceeded in the practice of transfer pricing: ANAF accepts voluntary adjustments by reducing the tax base

Monica Todose, Director of PwC Romania and Mihail Boian, D&B Partner David and Baias

                                  

As in many other countries, the Romanian tax administration has become extremely careful when it comes to transfer pricing, especially when conducting tax inspections. Fiscal legislation in the field of transfer pricing has been aligned with international practices that are validated at the level of the Organization for Economic Cooperation and Development, respectively at the level of the European Commission through the work of the Joint Forum on Transfer Pricing.

For more information, please see the Romanian version of the article, here.

 

Authors

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D&B DAVID SI BAIAS