CORPORATE ARTICLES
Amendments made to the General Registry of Employees
The decision amending the Government Decision no. 500/2011 on the general registry of employees (“GD 500/2011”) was published in the Official Gazette no. 963/28.11.2016. Significant changes have been made with regard to the rules governing…
The transfer pricing documentation file in 2017
The transfer pricing documentation file must be submitted by March 25th, 2017, which is the deadline for filing the corporate tax return, or by the deadline set for companies that apply any tax year other than the calendar year.
The file has…
Tax changes as of January 1st, 2017
The changes recently proposed by the Ministry of Public Finance (MPF) in relation to the Tax Code and the Tax Procedure Code were passed by the Romanian Government on November 16th, 2016; the Emergency Ordinance is to be published in the Official…
TAX INACTIVITY IN CASE OF AN EXPIRED REGISTERED OFFICE
As of January, 1st 2016, when the new Tax Procedure Code entered into force, ANAF began a campaign to notify companies that have not renewed their registered offices, threatening with declaring them inactive for tax purposes if their situation…
Individual employment contract clauses
An employer can stipulate at least four specific clauses in an individual employment contract, according to the Romanian Labour Code: the non-compete clause, the confidentiality clause, the mobility clause and the vocational training clause.
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Income tax exemption for a new category of employees
As of August 1st, 2016, a new category of employees is exempt from income tax on wages and other wage-related income. It consists of employees who carry out applied research and development activities and/or technological development activities,…
New tax rules regarding income obtained under civil-law agreements
According to the New Romanian Tax Code, as of January 1st, 2016, income obtained from activities performed based on civil-law contracts/agreements, concluded in accordance with the Civil Code, as well as based on agent contracts, are excluded…
Law No. 77/2016 on debt discharge and its impact on the real estate market
After controversial debates, Law No. 77/2016 on discharge of mortgage-backed debts through title transfer over an immovable property ("Law on Debt Discharge") was finally published in the Romanian Official Gazette No. 330 dated April 28th, 2016,…
LANGUAGE ARTICLES
TIPS TO IMPROVE YOUR TRANSLATION
Starting with the definition of the translation - the communication of the meaning of a source-language text by means of an equivalent target-language text, below are some tips for a correct and comprehensive translation:
Use Simple, Clear…
ABOUT FANTASTIC RAPPING MAGICIANS AND WHERE TO FIND THEM
I have always regarded translation and language interpreting as means of communication and translators/interpreters as communicators. What is the purpose of transposing texts from a source language to a target language, if not to make sure that…
WHAT ABOUT TRANSLATIONS?!?
The English word translation derives from the Latin word “translatio”, which comes from “trans”, across + “ferre”, to carry or to bring (“-latio” in turn coming from “latus”, the past participle of “ferre”). Thus, “translatio”…
DOES IRON MAN REALLY SPEAK RUSSIAN THAT WELL?
Whenever I travel outside of my usual milieu, I like to buy local newspapers and watch at least a bit of local TV, just for the fun of it. These are some of the best tools to immerse yourself in the day-to-day life of locals and to see exactly…
LINGUISTS MAKING TIME TO HAVE FUN!
Our translation job involves hard work, attention to detail, concentration and seriousness. Nonetheless, we should always make time to laugh, regardless of our occupation. Therefore, for this month’s blog article, we shared with you a selection…
Tonal vs. Non-Tonal Languages: Chinese vs. English
Chinese and English are perhaps the two extreme cases of tone vs. non-tone languages: Chinese is a typical tone language, whereas English is a typical non-tone language. This means that in Mandarin Chinese the same sounds, pronounced with different…
STAY CONSERVATIVE OR EMBRACE THE FUTURE? ABOUT TRANSLATIONS, STATISTICS AND COMPUTERS
We are living in an increasingly digitalized world, where computers have been changing and are continuously changing our lives. Every day, we need to adjust to new technological improvements, to be competitive and to keep up. I believe very…
IS THERE SAFETY IN NUMBERS?
Translations have always been a tricky business. Starting with the interpreters in times past and ending with the latest instant translation devices, this field has encountered and survived millennia of hurdles, misuse of terms, bad grammar…