NEWSLETTER no. 5/2019 - Inflation index

Newsletter 5/2019 - Inflation index used for computing the corporate income tax

References: Order 1754/2019

NEWSLETTER no. 5/2019 - Inflation index

Order of the Ministry of Public Finance no. 1754 regarding the inflation index was published in the Romanian Official Gazette no. 211/18.03.2019.

For fiscal year 2019, the consumer price index used for adjusting the advance payments on account of the annual corporate income tax is equal to 102,8%.

Hence, the companies that opted for computing the annual corporate income tax, with advance payments, shall apply this index to the value of the annual corporate income tax for FY2018 in order to compute the advance payments that are due in FY2019 on a quarterly basis.





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:


Boscolo & Partners