Tax seminar: 

The topics proposed for our seminar will cover mainly the following areas of interest: corporate income tax, transfer pricing and value added tax, as follows:

Topics of interest for the fiscal year closing: 

• Deduction of the borrowing costs, according to the regulations applicable since 1st of January 2018 – practical examples;
• Deduction of the losses from the assignment of receivables;
• The informative statement regarding the beneficiaries of sponsorship/ private scholarships;
• Quarterly distribution of dividends – year-end settlement;
• Risk assessment – regulations and background;
• Practical approach of the Romanian tax authorities during transfer pricing inspections;
• Year-end transfer pricing adjustments; 
• Country-by-Country reporting;
• VAT adjustment/ self-collection obligation;
• Pro-rate computation for 2018;
• VAT bad debt relief adjustments;
• Recommendations on other checks and recurrent diligences from a VAT perspective.

Main (envisaged) changes to the European and Romanian tax legislation:

• Corporate income tax consolidation;
• Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting;
• New IFRS’s and their implementation in the Romanian accounting legislation – potential tax implications;
• The jurisprudence of the European Court of Justice – recent case-law;
• European VAT reform.

Agenda

08:30 – 09:00  Participants registration

09:00 – 10:45  

Corporate income tax and distribution of dividends

• Deduction of the borrowing costs, according to the regulations applicable since 1^st of January 2018 – practical examples;
• Deduction of the losses from the assignment of receivables;
• The informative statement regarding the beneficiaries of sponsorship/ private scholarships;
• Quarterly distribution of dividends – year-end settlement;

Transfer pricing

• Risk assessment – regulations and background;
• Practical approach of the Romanian tax authorities during transfer pricing inspections;

10:45 – 11:00  Coffee break

11:00 – 12:45  

Transfer pricing 

• Year-end transfer pricing adjustments;
• Country-by-Country reporting;

VAT

• VAT adjustment/ self-collection obligation;
• Pro-rate computation for 2018;
• VAT bad debt relief adjustments;
• Recommendations on other checks and recurrent diligences from a VAT perspective

12:45– 13:45  Lunch break

13:45– 14:45  

Main (envisaged) changes of the tax legislation with impact on direct taxes

• Corporate income tax consolidation;
• Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting
• New IFRS’s and their implementation in the Romanian accounting legislation – potential tax implications

14:45 – 15:00  Coffee break

15:15 – 16:00  

The jurisprudence of the European Court of Justice and VAT reform

• The jurisprudence of the European Court of Justice – recent case-law
• Quick fixes to specific issues regarding the trade between member states
• Definitive VAT system. The concept of certified taxable person. Intra-union supplies.

* The event will be held in Romanian.

Payment details

120 € – per participant 

100  € -  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.

Speakers:

Silviu Sandache – Director within Corporate Tax Department, Deloitte România

Silviu is a Director of the Corporate Tax Department of Deloitte 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.

In the technology, media and telecommunications field, Silviu has worked on R&D tax and accounting implications/qualifications for software development and Telecom players, tax reviews, assistance during tax audits, state aid and governments grants as well as fixed assets tax optimization.

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

Ioana Botez – Senior Manager within the Tax Department, Deloitte Romania

Ioana is a Senior Manager at Deloitte Romania, specialized in Transfer Pricing.

She has 12-year experience in advising local and multinational companies on transfer pricing, Romanian and international taxation. She also has an experience of more than 4 years in the accounting field. She has an extensive experience in preparing transfer pricing reports for clients activating in industries such as: Automotive, Wood and Furniture, Retail, Service Companies, Aircraft industry, etc.

Ioana holds a Bachelor Degree in Accounting and Management Information Systems and a Master degree in Business Administration.

She is a member of the Romanian Chamber of Tax Consultants.

Andreea Șonei – Manager within the Tax Department, Deloitte Romania

Andreea is a Manager in the Tax Department of Deloitte Romania, Timisoara office.

She has over 14 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 companies from industries like manufacturing (including automotive), consumer and industrial products, TMT.

Andreea 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.

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

Ana Ion – Senior Consultant within the Tax Department, Deloitte Romania

Ana is Tax Senior Consultant with Deloitte Romania, working in the tax practice in the Western area of Romania.

She has over 18 years of experience in the fields of accounting, financial reporting and tax consultancy, including  detailed analysis of tax position aimed at identifying tax exposures and potential tax savings, assistance with fiscal registrations (VAT, Registry of Intra Community Operators, Permanent Establishment Registrations, etc.), and in preparing  tax declarations.

Ana holds a Bachelor in Industry Management from the Faculty of Economic Studies in Timisoara and a post-graduate degree in Accounting.

Ana is chartered accountant.

Elena Roșculeț – Senior Consultant within the Tax Department, Deloitte Romania 

Elena is a Senior Consultant within the Tax Departament of Deloitte Romanian, Bucharest office, specialized in VAT.

She has over 6 years of experience, being involved in numerous projects of tax reviews, complex tax advisory, tax due-diligence, assistance during tax audits, tax appeals and VAT compliance for both local and multinational companies.

Elena is a certified tax advisor, member of the Romanian Chamber of Tax Consultants and of the Chartered and Certified Accountants Body of Romania since 2013.

Other information

The event will be held on January 16 ianuarie 2019 at Hotel NH, (1A Johann Heinrich Pestalozzi Street) Timisoara.

Contact person:

Mirabela Hrior

Email: mhrior@deloittece.com

Mobile: +40 730 255 561

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.