Closing the Fiscal Year 

The topics of in our seminar will be addressed from the perspective of three areas of interest:

• Key elements regarding the computation of the corporate income tax;
• Practical aspects - issues and solutions;
• Overview of the main legislative changes.

The addressed topics will take into account the following:

Aspects of interest regarding the computation of the corporate income tax:

• Expenses related to services: documentation requirements;
• Annual inventory stock count and inventory losses;
• Interest deductibility: rules and practical aspects;
• Fixed assets: depreciation, revaluation and write-off;
• Provisions and impairments versus accruals;
• Receivables’ write-off;
• Non-taxable income and the fiscal treatment of the related expenses;
• Correction of accounting errors.

The main legislative changes from the perspective of the corporate tax, starting with the 1st of January 2017 to present: 

• Deductibility of the alienated receivables;
• Developments regarding the reinvested profit facility;
• New rules regarding the deductibility of interest expenses;
• Changes regarding the microenterprises tax regime

Agenda

9:00 – 9:30 Participants registration

9:30 – 11:00

• Overview of the main legislative changes from the perspective of the corporate tax, starting with the 1st of January 2017 to present.

Questions and answers (*)

11:00 – 11:15 Coffee break

11:15 – 13:00 Corporate income tax computation: 

• Tax treatment of various transactions and operations with impact in the computation of the corporate income tax 
• Practical aspects - issues and solutions

Questions and answers (*)

13:00 – 14:00 Lunch break

14:00 – 15:30 Corporate income tax computation: 

• Tax treatment of various transactions and operations with impact in the computation of the corporate income tax 
• Practical aspects - issues and solutions

Questions and answers (*)

15:30 – 15:45 Coffee break

15:45 – 16:30 Corporate income tax computation: 

• Tax treatment of various transactions and operations with impact in the computation of the corporate income tax 
• Practical aspects - issues and solutions

Questions and answers (*)

16:30 – 17:00 Free discussions / issues to be clarified

Note (*): The questions of the participants will be addressed during each presentation session.

*The official language of the event is Romanian.

Payment details

120 € –  for the first participant

  90 € – for the second participant within the same company / group

Snacks and lunch are included during the event. The participation fee does not include VAT.

The invoice for the participation fee will be issued and provided after the event.

In order to preserve the interactive nature, the seminar will have a limited number of participants. Please confirm your participation by registering here. 

Speakers

Silviu Sandache– Director Tax Department,  Deloitte Romania

Silviu is a Director within the Tax Department of Deloitte Romania specialized in corporate tax matters. He advises both domestic and international clients and has over 18 years of professional experience in the fields of taxation, accounting and financial reporting. 

He has significant international tax consultancy experience, providing advice to a wide range of major clients with a particular focus on international structuring of business portfolios, acquisitions and group restructurings, due diligence work, local corporate tax compliance, FIN 48 and deferred tax assessment, corporate tax and local tax advisory. 

Silviu is a chartered certified tax advisor, chartered accountant and an ACCA member. He is also an active member of Amcham Fiscal Committee, FIC Fiscal Committee and Romanian Tax Advisory Chamber Fiscal Committee.

Andreea Sonei - Manager Tax Department,  Deloitte Romania

Andreea is Tax Manager with Deloitte Romania, coordinating the tax practice in the Western area of Romania.

She is a member of the Romanian Chamber of Tax Consultants and has extensive experience in dealing with direct taxes and VAT and good knowledge of personal taxation, transfer pricing, tax procedures code, etc.

She has over 10 years of experience in tax consultancy, including tax compliance/reviews, bookkeeping engagements, tax due diligence, advice on complex tax issues, day to day consultancy etc., provided to multinational companies and privately owned companies.

Andreea holds a Bachelor in Finance and Insurance degree from the Faculty of Economic Studies in Timisoara and a post-graduate degree in Taxation. 

Other information

The event will be held on February 6, 2018 at Hotel Timisoara (1-3 Marasesti Street) Timisoara. For registration, please access this link.

Persoana de contact:

Alla Milea

Email: amilea@deloittece.com

Mobil: +40 733 773 201

You can cancel your registration for this event, by sending an email to events_romania@deloittece.com  not later than 5 days before the date of the event. We reserve the right to cancel the event if the minimum number of confirmations is not met. In this case you will be informed in due time.