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Is the 50 percent deductibility for R&D expenditure a welcoming measure to help the business in Romania?

Adress your questions on March, 28 at Business Review’s Tax& Law conference to take place at Hotel Pullman in Bucharest

The fiscal incentive for companies, which carry out research & development (R&D) activities to increase their range of products, sustain Romania’s economic growth, according to Florin Gherghel, head of Tax Department at Noerr Finance & Tax.

 

A company can deduct R&D related expenses if it aims to obtain a new product that generates higher revenues. There is an additional deduction calculated on the taxed profit, leading to another 50 percent deduction of the eligible expenses, according to the manager.

 

Find more topics to be addressed within the  Tax & Law sessions  on the event’s official page, here: http://business-review.ro/br-events/tax-law-2013/