TAX ADVICE

Tax consultancy aims to provide expert legal advice and assistance in the preparation of statements of taxes and fees, other tax issues and budgetary claims, such as fines, penalties and interests, following enforceable legal provisions, along with representation in front of tax authorities.

The activity of a tax consultant must have an objective and impartial character, without affecting personal or external interests. The tax advisor is bound to secrecy of information, facts and documents received as a result of tax advisory duties, being banned from using them in his/her own interest or in the interests of a third party.

 

WE PROVIDE TAX ASSISTANCE IN THE AREAS OF:

 
  • corporate tax (including exemptions, taxable income, non-taxable income, taxable profit for different entities – companies / other forms of organization, tax depreciation, terms of tax payment and reporting, physical losses, tax incentives, minimum tax, international tax issues)
  • income tax (the scope of taxable income categories, tax rate, the base for establishing income tax, taxpayers’ obligations, withholding income taxes, international tax issues)
  • tax for income obtained in Romania by non-residents
  • tax for representations created in Romania by foreign companies (provisions of the Tax Code, the avoidance of double taxation, certificates which prove the tax was been paid by non-residents, deadlines for tax reports)
  • local taxes and fees (taxation base, method of calculation, payment terms, rebates and exemptions from taxes, procedure for declaring properties)
  • value added tax (scope, taxable persons, chargeability of VAT, taxation base, VAT rates, exempt transactions, deduction system, obligations, special measures)
  • customs tax (customs policy, classification of merchandise, regime postponed of excise and economic customs regime, obligations regarding customs, goods exempt from customs duty)
  • accounting (corporate obligations, accounting services for assets, liabilities and equity, income and expenses accounting, the result of the financial year, annual financial statements)
  • penalties, challenging sanctions
  • aspects regarding tax procedure (tax creditors, tax debtors, tax residence, tax registration, taxes and contributions, appeals, tax audit, inactive contributor , statute of limitation, enforcement)

WHY THE NEED OF A TAX CONSULTANT?

 

- because an uninformed taxpayer pays more than one who appropriates these legal aspects
- sometimes, the fine for not submitting a tax statement is greater than the tax which needs to be paid
- tax law is often residual and incoherent
- taxes have to be paid correctly and in full knowledge , because no one wants a strained relationship with the tax administration