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Depreciation of fixed assets during the period of closure or suspension of economic activity: Accounting and fiscal implications

Copyright © PricewaterhouseCoopers

Depreciation of fixed assets during the period of closure or suspension of economic activity: Accounting and fiscal implications

PRICEWATERHOUSECOOPERS SERVICII SRL

8 Sep 2020

Authors: Ruxandra Tarlescu, PwC Romania Partner; Iulian Tiberiu Panfiloiu, Senior Manager; Ana Nechifor, Senior Consultant

In the context of reducing, closing or suspending economic activity during the state of emergency and alert, taxpayers have faced many situations in which tax legislation has proved deficient in dealing with atypical situations generated by current operating conditions.

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

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PRICEWATERHOUSECOOPERS SERVICII SRL

Consultanta pentru afaceri si management.

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Tags : fixed assets , Depreciation , fiscal , Ruxandra Tarlescu , Iulian Tiberiu , Ana Nechifor

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