Workshop: Amendments to the Tax Code and Methodological Norms - Mazars - Romania

Following the recent amendments to the Romanian Tax Code and related Methodological Norms (particularly in the sphere of VAT and various incomes), we are delighted to invite you to the workshop regarding Tax Code amendments organised by Mazars on 29 January 2010.
The workshop will mainly approach practical case studies and will include as well a section dedicated to Transfer Pricing documentation.

29/01/2010 - 29/01/2010

2010 brings major amendments to the Tax Code and the Methodological Norms for its application, more particularly in the VAT sphere, as an outcome of the implementation of the new VAT package at a European and a national level, as well as in areas covering the profit tax, the tax on natural entities’ income and on non-residents’ income. To help you understand these amendments and their impact on your business, we are keen on inviting you to attend the workshop organised by Mazars on 29 January 2010, regarding Amendments to the Tax Code and the Methodological Norms for its application, in effect as of 1 January 2010, as well as the Transfer Pricing Documentation.

The presentation and debates will take place in the Romanian language.

Lectors:

• Ariadna POPA – Manager, Tax Advisory
• Ioana SÂRBU – Manager, Tax Advisory
• Nadia OANEA – Supervising Senior, Tax Advisory

Subscription fee: 150 EUR (+VAT)*

* Companies registering 2 participants will receive a 10% discount and a 15% discount for registering more than 2 participants.

Location: Hotel Ramada Bucharest North (str. Daniel Danielopolu, nr. 44A)

Deadline for registration: 25 January 2010

For more information, please call us at +4 031 229 2600 or send an email at seminars@mazars.ro.

Workshop Agenda

09.30 - 16.30

Amendments applicable in 2010 and other practical aspects of the profit tax.

Practical cases regarding:

- Prepayment of profit tax

- Tax exemption of reinvested profit

- Impact of the revaluation of fixed assets on profit tax - Impact of lowest tax rate on profit tax calculation

Amendment of the income tax applicable in 2010:

- Tax on salary

- Tax on the income obtained from independent activities

Practical cases regarding:

- Fringe benefits granted to employees

- Tax risks incurred for alternative structures of remunerating natural persons

Amendment of non-residents’ income tax applicable in 2010

Practical cases regarding non-residents’ income tax

- Application of Double Taxation Prevention Treaties

- Application of the European legislation (Directive referring to Parent Company – Subsidiary, Directive regarding Interest and Royalties)

- Triangular cases

Amendments applicable in 2010, referring to:

- Definition of place of business, fixed place of business established for VAT purposes

- Place of supply of services

- Recapitulative Statement regarding intra-Community services - Tax Group

- VAT refunding to taxable entities acquiring goods and services from a Member State other than that in which they are established

- Obligation to provide documents evidencing that the beneficiary of services is a taxable entity

- Requirements for the issuance of invoices by electronic means - Correction of invoices during and after tax inspection

- Technological losses, goods granted as sale incentives, goods given free of charge, etc.

Practical casesTransfer Pricing Documentation: what is important to be known

Workshop

Presentation of the questions transmitted by participants in the seminar

Debates – practical solutions to the questions raised by participants