2016 PFA Taxation
In the 35th issue of Today Software Magazine, we brought to your attention some of the fiscal changes likely to affect the taxation of income derived from independent activities, as outlined in the draft amendment of the Fiscal Code, currently under debate. Considering that after heated debates and reviews in the Parliament, the final version of the New Fiscal Code was eventually published on September 10, we will take this opportunity to resume the analysis of the changes and to draw some conclusions, pointing out how it could affect your 2016 budget. Although the final version of the Fiscal Code also refers to some changes effective from 2017, in our opinion it is premature to focus on them, given the obvious tendency to continuously revise and amend any statutory rule and regulation.