Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural Persons
By this article we aim to emphasize the new fiscal-budgetary measures that shall be applied starting with 2024 and their impact on limited liability companies and certified natural persons. In this respect, we present issues regarding the new taxation rates applicable to micro-enterprises, what happ...
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| Format: | Article |
| Language: | English |
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The Body of Expert and Licensed Accountants of Romania
2023-12-01
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| Series: | CECCAR Business Review |
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| Online Access: |
https://www.ceccarbusinessreview.ro/fiscal-budgetary-measures-for-providing-romanias-financial-sustainability-the-impact-on-limited-liability-companies-certified-natural-persons-a349d/download-PDF/
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| _version_ | 1827576097382858752 |
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| author | Elena STĂNCIULESCU |
| author_facet | Elena STĂNCIULESCU |
| author_sort | Elena STĂNCIULESCU |
| collection | DOAJ |
| description | By this article we aim to emphasize the new fiscal-budgetary measures that shall be applied starting with 2024 and their impact on limited liability companies and certified natural persons. In this respect, we present issues regarding the new taxation rates applicable to micro-enterprises, what happens when the turnover exceeds certain limits, what are the additions to the Fiscal Code with regard to the calculation method of the corporate tax for large companies with a turnover of over 50 million Euros, as well as the modification of the calculation method of the health insurance contribution in the case of certified natural persons. |
| first_indexed | 2024-03-08T21:06:15Z |
| format | Article |
| id | doaj.art-2a982764e692477a99bd562d4de79d95 |
| institution | Directory Open Access Journal |
| issn | 2668-8921 |
| language | English |
| last_indexed | 2024-03-08T21:06:15Z |
| publishDate | 2023-12-01 |
| publisher | The Body of Expert and Licensed Accountants of Romania |
| record_format | Article |
| series | CECCAR Business Review |
| spelling | doaj.art-2a982764e692477a99bd562d4de79d952023-12-22T12:11:02ZengThe Body of Expert and Licensed Accountants of RomaniaCECCAR Business Review2668-89212023-12-01411404810.37945/cbr.2023.11.0526688921Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural PersonsElena STĂNCIULESCU0BucharestBy this article we aim to emphasize the new fiscal-budgetary measures that shall be applied starting with 2024 and their impact on limited liability companies and certified natural persons. In this respect, we present issues regarding the new taxation rates applicable to micro-enterprises, what happens when the turnover exceeds certain limits, what are the additions to the Fiscal Code with regard to the calculation method of the corporate tax for large companies with a turnover of over 50 million Euros, as well as the modification of the calculation method of the health insurance contribution in the case of certified natural persons. https://www.ceccarbusinessreview.ro/fiscal-budgetary-measures-for-providing-romanias-financial-sustainability-the-impact-on-limited-liability-companies-certified-natural-persons-a349d/download-PDF/ limited liability companycertified natural persontax rateturnoverincome taxcorporate taxhealth insurance contributionlaw no. 296/2023 |
| spellingShingle | Elena STĂNCIULESCU Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural Persons CECCAR Business Review limited liability company certified natural person tax rate turnover income tax corporate tax health insurance contribution law no. 296/2023 |
| title | Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural Persons |
| title_full | Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural Persons |
| title_fullStr | Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural Persons |
| title_full_unstemmed | Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural Persons |
| title_short | Fiscal-Budgetary Measures for Providing Romania’s Financial Sustainability. The Impact on Limited Liability Companies/ Certified Natural Persons |
| title_sort | fiscal budgetary measures for providing romania s financial sustainability the impact on limited liability companies certified natural persons |
| topic | limited liability company certified natural person tax rate turnover income tax corporate tax health insurance contribution law no. 296/2023 |
| url |
https://www.ceccarbusinessreview.ro/fiscal-budgetary-measures-for-providing-romanias-financial-sustainability-the-impact-on-limited-liability-companies-certified-natural-persons-a349d/download-PDF/
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| work_keys_str_mv | AT elenastanciulescu fiscalbudgetarymeasuresforprovidingromaniasfinancialsustainabilitytheimpactonlimitedliabilitycompaniescertifiednaturalpersons |