Tag Archive | "taxable income"

Comparative Fiscal Analysis of Taxation of Income Obtained by Micro-Enterprises in Romania

Year 2013 brought major changes in taxation of income obtained by micro- enterprises in Romania, therefore the fiscal analysis aims to clarify fundamental matters as regards the object and subject of taxation, tax base and calculation method, declaration and payment of micro-enterprises income tax. We chose a comparative analysis for three basic reasons, namely: (i) taxation principle change occurred: the option to apply the income taxation system has become a liability for the payment of microenterprises income tax, in compliance with certain conditions; (ii) taxation system has an impact on legal persons in Romania, considering that many of them get annual taxable income below 65,000 EUR; (iii) any corporate income tax / income tax payer must annually review the conditions imposed for micro-enterprises and decide which is the system of taxation for the next fiscal year. In the absence of periodic review, fiscal risks of distorting tax liabilities are significant.

  Comparative Fiscal Analysis of Taxation of Income Obtained by Micro-Enterprises in Romania (321.1 KiB, 1,688 hits)

Posted in Economics, Volume III, Issue no. 1

Empirical Study On The Perception Of The Economic Entities On The Taxation In Romania

At the establishment of state taxes is the need to procure resources to cover expenditure to be made to give the role accomplishment.
Thus, taxes are a form of removal of part of income and or legal persons or property to the state to cover public spending. This sampling is mandatory, as a non-refundable and without consideration of the state.

Starting from this definition of taxes, taxation may be regarded as a link between the state and individuals or legal entities.
The main objective of this paper is to assess the perception of economic entities, the main links of value-added creative economy, about taxation in Romania.

  Empirical Study On The Perception Of The Economic Entities On The Taxation In Romania (286.6 KiB, 1,527 hits)

Posted in Economics, Volume II, Issue no. 3