IDEAS home Printed from https://ideas.repec.org/a/khe/journl/v7y2015i1p45-52.html
   My bibliography  Save this article

Application of the Tax Code in the Deductible Expenses Field in the Judicial Practice of Romania

Author

Listed:
  • Viorel Craciuneanu

    ()

  • Daniel Stefan

    ()

Abstract

Application of tax legislation in Romania, in the sense of determining what elements may not reduce the taxable base in determining corporation tax in the case, in which supporting documents shall give particulars incomplete or does not correspond to the facts, have generated various controversies. It was revealed that, in such situations the error operators beneficiaries is objective and cannot be attributed to them. Other views were expressed in the sense that it is prohibited to issue and use of invoices, considering that you can't deduct the value added tax, nor can reduce the taxable base at corporation tax setting, where supporting documents do not contain all the information required by the laws in force. Situation where fiscal inspection fails to establish the basis for imposing the obligation of tax payment, by using reasonable estimation process based on any evidence and means of proof provided for by law, whenever it cannot determine the correct fiscal situation.

Suggested Citation

  • Viorel Craciuneanu & Daniel Stefan, 2015. "Application of the Tax Code in the Deductible Expenses Field in the Judicial Practice of Romania," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(1), pages 45-52, March.
  • Handle: RePEc:khe:journl:v:7:y:2015:i:1:p:45-52
    as

    Download full text from publisher

    File URL: http://orizonturi.ucdc.ro/arhiva/khe7nr1/craciuneanu1.pdf
    Download Restriction: no

    File URL: http://orizonturi.ucdc.ro/arhiva/khe7nr1/craciuneanu1.pdf
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:khe:journl:v:7:y:2015:i:1:p:45-52. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adi Sava). General contact details of provider: http://edirc.repec.org/data/ffucdro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.