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Tax Code Of Financing Romanian Sport Clubs

Author

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  • Adrian IACOBINI
  • Andreea VOINEA

Abstract

There are a lot of ways of financing sports clubs in Romania, sadly olny a few are knowned or they are rearly put into practice. From redirecting 2% from the personal income tax, to directing 20% of the profit income from companies in the limit of 0.3% from their total fiscal value to the new fiscal code which came into vigor from the 1st of January 2016 where the limit was raised to 0.5%.

Suggested Citation

  • Adrian IACOBINI & Andreea VOINEA, 2016. "Tax Code Of Financing Romanian Sport Clubs," Marathon, Department of Pshisycal Education and Sport, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 55-59, June.
    • Handle: RePEc:rom:marath:v:8:y:2016:i:1:p:55-59
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