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Important message for companies: even if it is not needed, evaluate the assets now! Otherwise, you will pay higher taxes next year

Important message for companies: even if it is not needed, evaluate the assets now! Otherwise, you will pay higher taxes next year

Author: Alex Milcev, Fiscal and Legal Assistance Leader, EY Romania

The increases, in some cases explosive, of prices for construction materials have also increased the value of the indices on the basis of which the tax value of buildings is established, increases that will roll on to the amounts that economic agents must pay to local authorities as property tax.

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

 

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ERNST & YOUNG SRL