Starting with January 1 st, 2023, the personal income tax exemption for the employees of companies carrying out seasonal economic activities mentioned in article 1 of the Law 170/2016 will be eliminated.Starting with the 1 st of January 2023, the entities which apply the specific tax regime according to the Law 170/2016 will have the option to apply for the microenterprises tax regime, without applying the existing rules for leaving the microenterprise tax system.Following the adoption of the Ordinance, the rules for changing the microenterprise tax regime have been changed accordingly.Also, in order to maintain this tax regime, the share of revenue from consulting or management activities must be below 20% of total revenue. There are further restrictions regarding the activities which can be performed by companies in order to maintain the microenterprises tax regime.The new total annual income threshold up to which companies can pay microenterprise tax is reduced up to EUR 500,000.The 3% tax rate for microenterprises with no employees has been eliminated and therefore, in order to continue to apply this tax regime, microenterprises must employ a full-time worker.The microenterprise tax regime has become optional again.Companies carrying out these activities will have to opt for the tax regime applicable to the micro-enterprises or the corporate income tax regime. ![]()
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