www.stiripesurse.ro/avertisment-major-pentru-guver

The Chamber of Tax Consultants warns that a proposed law in Romania could severely impact the economy by increasing costs for companies and discouraging investments. The initiative, currently in Parliament, aims to impose new tax restrictions on firms within corporate groups, potentially leading to double taxation and higher credit costs. Key changes include the elimination of tax deductibility for management and consulting expenses and limiting interest deductions on loans between affiliated companies. The CCF argues that these measures could harm legitimate business operations and lead to legal disputes with the state. Additionally, the lack of a thorough impact assessment raises concerns about the proposal's implications for the economy and compliance with EU law.