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Abolishment of the art. II of the Government Emergency Ordinance no. 55/2013 regarding certain fiscal – budgetary measures and amendment of certain regulations
The approval law of the G.E.O. 55 / 2013 has been published into the Official Gazette of Romania Part I no. 620 on Friday, 4 October 2013.
The Law no. 260/2013 abolishes the art. II of the said ordinance, in the sense that the 85% tax applied on the incomes representing salaries/ indemnizations/ compensatory amounts given, according to the law, upon termination of the labor contract, work assignment or mandate of the employees on management positions or persons which have been appointed as members of the administration councils and management councils shall no longer be applied in the private sector.
Download Smart Update – Approval law of the G.E.O. 55 / 2013Download