OTHERS
The Tax relief for the reinvested profit – New regulations 2016
The Tax relief for the reinvested profit – New regulations 2016
According to the new Fiscal Code, entrepreneurs benefit from a wider scope regarding the items which they purchase and which fall under the tax relief law for the reinvested profit. In other words, entrepreneurs have the possibility to reduce the amount of profit tax by investing it in IT equipment: hardware and software. In the following lines, we will explain which are the new legal changes and we will present three examples of tax calculation that can be exempt from the reinvested profit.
