The Tax Regime of Non-Profit Organisations
Considering the obligation of non-profit organisations to declare the corporate tax every year and taking into account that, nowadays, numerous entities of this type have a taxable income besides the nontaxable one, it is necessary that we apply the special tax rules correctly, that we follow the ta...
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| Format: | Article |
| Language: | English |
| Published: |
The Body of Expert and Licensed Accountants of Romania
2020-03-01
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| Series: | CECCAR Business Review |
| Subjects: | |
| Online Access: |
https://www.ceccarbusinessreview.ro/the-tax-regime-of-non-profit-organisations-a15d/download-PDF/
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| _version_ | 1818508932480499712 |
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| author | Elena STĂNCIULESCU |
| author_facet | Elena STĂNCIULESCU |
| author_sort | Elena STĂNCIULESCU |
| collection | DOAJ |
| description | Considering the obligation of non-profit organisations to declare the corporate tax every year and taking into account that, nowadays, numerous entities of this type have a taxable income besides the nontaxable one, it is necessary that we apply the special tax rules correctly, that we follow the tax result calculation steps set out by the Methodological norms for the application of the Fiscal Code and that we are acquainted with the declarative obligations. In addition, if the non-profit organisation registers for tax deductions and it receives a sponsorship, the tax payer making the sponsorship can subtract the related amount from the corporate tax. |
| first_indexed | 2024-12-10T22:38:40Z |
| format | Article |
| id | doaj.art-6c399121cbb94d66b3b75a10d75c9ac5 |
| institution | Directory Open Access Journal |
| issn | 2668-8921 2668-8921 |
| language | English |
| last_indexed | 2024-12-10T22:38:40Z |
| publishDate | 2020-03-01 |
| publisher | The Body of Expert and Licensed Accountants of Romania |
| record_format | Article |
| series | CECCAR Business Review |
| spelling | doaj.art-6c399121cbb94d66b3b75a10d75c9ac52022-12-22T01:30:46ZengThe Body of Expert and Licensed Accountants of RomaniaCECCAR Business Review2668-89212668-89212020-03-0112586610.37945/cbr.2020.02.0726688921The Tax Regime of Non-Profit OrganisationsElena STĂNCIULESCU0BucharestConsidering the obligation of non-profit organisations to declare the corporate tax every year and taking into account that, nowadays, numerous entities of this type have a taxable income besides the nontaxable one, it is necessary that we apply the special tax rules correctly, that we follow the tax result calculation steps set out by the Methodological norms for the application of the Fiscal Code and that we are acquainted with the declarative obligations. In addition, if the non-profit organisation registers for tax deductions and it receives a sponsorship, the tax payer making the sponsorship can subtract the related amount from the corporate tax. https://www.ceccarbusinessreview.ro/the-tax-regime-of-non-profit-organisations-a15d/download-PDF/ non-profit organisationnon-taxable incomeeconomic activitytaxable incometax result |
| spellingShingle | Elena STĂNCIULESCU The Tax Regime of Non-Profit Organisations CECCAR Business Review non-profit organisation non-taxable income economic activity taxable income tax result |
| title | The Tax Regime of Non-Profit Organisations |
| title_full | The Tax Regime of Non-Profit Organisations |
| title_fullStr | The Tax Regime of Non-Profit Organisations |
| title_full_unstemmed | The Tax Regime of Non-Profit Organisations |
| title_short | The Tax Regime of Non-Profit Organisations |
| title_sort | tax regime of non profit organisations |
| topic | non-profit organisation non-taxable income economic activity taxable income tax result |
| url |
https://www.ceccarbusinessreview.ro/the-tax-regime-of-non-profit-organisations-a15d/download-PDF/
|
| work_keys_str_mv | AT elenastanciulescu thetaxregimeofnonprofitorganisations AT elenastanciulescu taxregimeofnonprofitorganisations |