Deloitte: Companies can recover some of their sponsorship in the form of a reduction in the payment of corporate income tax

Deloitte: Companies can recover some of their sponsorship in the form of a reduction in the payment of corporate income tax

Many companies have announced sponsorships and donations to help the Romanian state in the fight with COVID-19, but some of this aid can be recovered in the form of a reduction from the payment of the corporate tax, in a proportion of 20% of the tax, but no longer. more than 0.75% of turnover, analysts at consulting and auditing firm Deloitte show.

https://www.agerpres.ro/economic-intern/2020/04/06/deloitte-firmele-pot-recupera-o-parte-din-sponsorizare-sub-forma-unei-reduceri-de-la-plata-impozitului-pe-profit–481608


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