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Tax relief measures and subsidies during pandemic COVID-19

Tax relief measures and subsidies during pandemic COVID-19

The Romanian authorities have adopted and amended numerous enactments to support businesses, some of the rules having a significant impact on taxation

The rapid growth of the number of persons infected with SARS-CoV-2 (COVID-19) has caused great concern to authorities worldwide and has generated the need for urgent  drastic  social  and  economic,  including  of  a  tax  component,  measures.  The Romanian authorities have adopted and amended numerous enactments to support businesses, some of the rules having a significant impact on taxation. The taxpayers are confronted with multiple issues and challenges and seek to identify appropriate measures rapidly.

In  this  context,  in  which  the  fiscal  legislation  is  under  ongoing  changes,  bpv GRIGORESCU STEFANICA  offers answers  from  a  legal,  as  well  as  a  practical perspective to the most pressing questions raised by numerous taxpayers. To ensure accuracy of the provided information, we will adapt the content of these answers or will add new sections, by reference to the evolution of the normative framework and the impact thereof upon taxation, as new developments unfold.

However,  the  document  does  not  contain  a  full  legal  analysis  nor  one-size-fits-all solutions. Should you require that such the application is tailored to a specific issue you face, we are happy to help, and we invite you to contact us.

For  more  information  and  materials  that may  come  in  handy  in  this  period,  please refer to the COVID-19 EMERGENCY CENTRE section available on our website at https://www.bpv-grigorescu.com/news/covid19-news/.

 

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BPV GRIGORESCU STEFANICA