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How did food, DIY retailers and car dealers end up paying the additional tax in the oil and gas sector and why should they be exempt?

How did food, DIY retailers and car dealers end up paying the additional tax in the oil and gas sector and why should they be exempt?

Ruxandra Tarlescu, Partner, Tax&Legal Leader PwC Romania and Ana Maria Iordache, D&B Partner, David si Baias

Food and DIY retailers, car importers and dealers, and companies in the agribusiness sector end up paying the specific turnover tax (ICAS) incidentally, even though it was designed for the oil and gas sector. How did they end up in this situation? These taxpayers sell, in addition to their main activity, products such as lubricants and coolants for vehicles, lighters, barbecue charcoal, firewood or other fuels. As a result, they also carry out secondary activities classified under NACE codes associated with the oil and gas sector, which formally brings them under the ICAS incidence.

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

 

Authors

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PRICEWATERHOUSECOOPERS SERVICII SRL
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D&B DAVID SI BAIAS SCA
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