New developments and practical aspects
In the context of Romania's accession to the Implementation Forum of the Organization for Economic Cooperation and Development ("OECD"), a series of acts were debated and adopted in the framework of the "Erosion and Profit Shifting" (BEEP), which aim at aligning local tax legislation with the latest developments at international level.
- In June 2017 Romania has implemented the EU Directive 2016/881 regarding the automatic exchange of information in the field of taxation, which transposes the provisions of BEPS Action 13 with respect to the Country-by-Country reporting/The automatic exchange of information regarding country by country reporting.
- In July 2017 OECD has issued the amended Transfer Pricing Guidelines which are applicable in the local legislation.
The objective of the seminar is to present the transfer pricing evolutions and its impact at the level of the Romanian taxpayers. At the same time, we plan to discuss with you upon practical aspects of transfer pricing tax inspections and last but not least, to identify the most appropriate approach, both reactive and proactive.
The seminar will tackle, among others, the following subjects:
- Aligning local requirements with BEPS;
- Introduction of the CbC requirements in the local legislation and practical aspects for the Romanian companies;
- Tax authorities approach during tax audits;
- Alternatives to the transfer pricing file – directions and practical aspects regarding the Advance Pricing Agreement (APA).
The event will have an interactive character, and the Deloitte team proposes to discuss with the participants the problems and situations they are proposing. Where possible, please forward your questions in advance to email@example.com.
9:00 – 9:30 Participants registration
9:30 – 9:40 Introduction
9:40 – 10:45
- International context on transfer pricing – alignment with BEPS requirements
- Questions & Answers
10:45 – 11:00 Coffee break
11:00 – 12:30
- Transfer pricing in Romania – local implications
- Country-by-country reporting requirements – practical aspects applicable to Romanian companies
- Questions & Answers
12:30 – 13:30 Lunch break
13:30 – 14:45
- Practical aspects regarding transfer pricing audits
- Questions & Answers
14.45 – 15.00 Coffee break
15:00 – 15.30
- Alternatives to the transfer pricing file – Advance Pricing Agreements (APA)
- Recap / Questions & Answers
*The official language of the event is Romanian.
50 € – per participant
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.
Bogdan Barbu – Director Tax Department, Deloitte Romania
Bogdan is a Director in the Tax Department of Deloitte specialized in Transfer Pricing and International Taxation.
Working with Deloitte since 2008 and having been part of numerous tax consultancy projects, Bogdan has valuable experience in providing services particularly in the area of transfer pricing to private organisations, part of Romanian or multinational groups of companies. His main focus is on the manufacturing, life science and retail and consumer industries.
Bogdan holds a License Degree in International Business and a Master’s Degree in the Management of International Business.
He also holds a Transfer Pricing Certificate awarded by the Chartered Institute of Taxation in London and is a chartered certified tax advisor, member of the Romanian Chamber of Tax Consultants.
Bogdan Constantinescu – Senior Tax Manager , Deloitte România
Bogdan is a Senior Tax Manager with Deloitte Romania. He assisted major clients acting on domestic and international markets, having more than ten years of professional experience.
He is specialized in transfer pricing and has valuate experience in providing tax consultancy services to Romanian and international private organizations with special focus on the Energy, Automotive and Manufacturing industries. His specialized experience ranges from various transfer pricing documentation projects, advance pricing agreement filings and assistance during tax audits, over to specific tax advisory such as due diligence, business restructuring or specific tax consultancy projects.
He is also a member of Deloitte’s German Desk initiative focusing on assisting German-speaking clients.
Bogdan holds a bachelor’s degree in Business Administration and a post-graduate degree in International Management and Marketing.
Bogdan is a certified tax advisor and member of the Fiscal Consultants Chamber. He is currently a student for achieving international ACCA and ADIT qualifications.
Simona Goje – Manager, Tax Department, Deloitte România – Cluj-Napoca
Simona is a Manager in Deloitte Romania, acting as the local coordinator of the Tax department in Cluj–Napoca office. Simona has more than 10 years of experience in tax consultancy, her field of expertise covering direct taxes. She is specialised mainly in the area of corporate taxes, but she also has experience in individual taxation.
Her professional experience includes the following types of projects: tax advisory on local and international aspects, tax reviews and tax compliance, business restructuring projects, FIN 48 and deferred tax assessments, transfer pricing projects, assistance within tax inspections, as well as tax audits.
Simona has worked for clients that are activating mainly in the following industries: automotive, IT, retail and consumer goods and various manufacturing industries.
Simona has a degree in Finance and Banking from the Faculty of Economics and Business Administration – West University in Timisoara, Romania. Starting with October 2011 she is a member of the Romanian Chamber of Tax Consultants.
The event will be held on February 22, 2018 at Grand Hotel Italia (2 Trifoiului Street) Cluj Napoca. For registration, please access this link.
Mobil: +40 725 004 075
You can cancel your registration for this event, by sending an email to firstname.lastname@example.org 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.