Refferences: Law 227/2015, GEO 79/2017, GEO 82/2017
In the Official Gazette no. 885/10.11.2017 was published the Emergency Ordinance no. 79 for amending and supplementing the Law 227/2015 regarding the Fiscal Code. The changes made by this Emergency Ordinance are already known as the Tax Revolution, being ample and with a significant impact on several taxes and duties.
For a better understanding of these provisions, we will present the changes through several newsletters on the subject. Thus, we propose to start with the analysis of the income tax and social security contributions, as the entire taxation system changes significantly because the employer contributions are transferred entirely to the employee and at the same time all tax rates will change.
The provisions of GEO 79/2017 presented in today's newsletter apply to income obtained starting January 1st 2018.
Social Security Contribution (SSC)
Health Social Security Contribution (HSSC)
Work Assurance Contribution (WAC)
The requirement to negotiate the employment contracts
The information in this newsletter is intended to give you an overview of legislative news; the newsletter does not contain a complete analysis of each topic. For more information about the subjects presented, please contact us. We do not accept any responsibility for decisions or omissions followed by the use of the content of this newsletter. All Boscolo&Partners newsletters are available at the following address: http://www.crowehorwath.ro.
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