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Authors: Raluca Popa, Partner, Tax Consulting, EY Romania and Amelia Toader, Director, Tax Consulting, EY Romania
The tax facility on reinvested profits is regulated by the Fiscal Code and allows taxpayers to deduct from their corporate tax the amounts reinvested in certain assets. This measure was introduced precisely to stimulate investments and encourage economic development, and has been in force for over 15 years.
For more information, please see the Romanian version of the article, here.
