IDEAS home Printed from https://ideas.repec.org/a/ahd/journl/v1y2020i7p48-55.html
   My bibliography  Save this article

Taxation Mechanism for Revenues from Independent Activities Based on the Income Tax Bracket System

Author

Listed:
  • Lucian CERNUȘCA

    ("Aurel Vlaicu" University of Arad)

Abstract

This article discusses a series of conceptual and practical issues regarding taxation mechanism of revenues from independent activities based on the income tax bracket. For tax payers who obtain revenues from independent activities apart from liberal professions, and perform activities contained in the classified list from the Regional Directorates General of Public Finance, the net annual income is determined on the basis of annual income tax bracket from the place of work. These tax payers have a number of filling and payment obligations. They set out the annual tax and social contributions paid through the single return for income tax and social contributions by natural persons.

Suggested Citation

  • Lucian CERNUȘCA, 2020. "Taxation Mechanism for Revenues from Independent Activities Based on the Income Tax Bracket System," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 1(7), pages 48-55, July.
    • Handle: RePEc:ahd:journl:v:1:y:2020:i:7:p:48-55
    DOI: 10.37945/cbr.2020.07.06
    as

    Download full text from publisher

    File URL: https://www.ceccarbusinessreview.ro/taxation-mechanism-for-revenues-from-independent-activities-based-on-the-income-tax-bracket-system-a53d/download-PDF/
    Download Restriction: no
    File URL: https://www.ceccarbusinessreview.ro/taxation-mechanism-for-revenues-from-independent-activities-based-on-the-income-tax-bracket-system-a53a/abstract/
    Download Restriction: no
    File URL: https://libkey.io/10.37945/cbr.2020.07.06?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    income tax bracket; independent activities; single tax return; filling obligations; the Fiscal Code;
    All these keywords.

    JEL classification:

    • K34 - Law and Economics - - Other Substantive Areas of Law - - - Tax Law

    Statistics

    Access and download statistics

    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:ahd:journl:v:1:y:2020:i:7:p:48-55. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Radu CIOBANU (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.