Agenda updates for the Tax & Law Conference 2016

Newsroom 21/03/2016 | 11:45

Business Review announces updates in the agenda for the fifteenth edition of the Tax & Law Conference 2016, the forefront event dedicated to tax and legal professionals in Romania. The conference will take place on March 30 at the Sheraton Bucharest Hotel, Platinum Hall, starting from 08:30 a.m.

The new Fiscal Code rollout, the second one since 2004, marks a landmark in Romania’s development towards a more business-friendly system. In a Business Review article dedicated to the new code and the reactions of the private sector to the changes implemented from January this year,  Alin Chitu, Tax Partner at Tuca Zbarcea & Asociatii Tax, underlines the importance of a consolidated taxation system  for investors and taxpayers all together: “Restructuring tax provisions in the main laws on tax compliance was a much-needed action. In the 10 years since the last consolidation of tax legislation, more than 100 amendments were made. Thus, the laws required restructuring so that taxpayers would better understand their liabilities and, at the end of the day, so as to enhance voluntary compliance”.

However, these changes do not directly imply less administrative efforts from the private sector.

“Due to the high number of changes, additional issues were raised which needed solutions. A guideline is needed in order to implement the new provisions and additional clarifications are eagerly expected”  says Rudolf Lukavsky, Commercial Counselor, Austrian Embassy in Bucharest. Consequently, this year’s edition of Tax & Law Conference aims to tackle the most important aspects of the new Fiscal Code and their impact on the Romanian business environment in order to bring competent, applicable solutions for any challenges that may lay ahead for taxpayers.

 

Program

The event agenda consists of two interactive panel discussions, a special debate session with CFOs, a dedicated workshop and networking sessions. The panel discussions will touch upon the most important updates in the fiscal and legal world and their impact on the business environment in Romania. Top representatives from the public and private sectors will analyze the new fiscal environment and propose best practices for addressing the changes in the most efficient manner. The list of speakers for the panel discussions include: Gabriel Biris, Ministry of Finance, Mariana Vizoli, Ministry of Finance, Luisiana Dobrinescu, Dobrinescu Dobrev SCA, Florin Gherghel, Noerr Finance & Tax, Dragos Doros, ANAF*, Valentin Durigu, KPMG Romania, Cristina Clujescu, EY Romania, Dan Barascu, BDO Romania.

 

Perspectives from the private sector

A special debate session will be dedicated to the dialogue with CFOs for a better understanding of the challenges and opportunities that Romanian companies face in the new fiscal year. For a more holistic perspective, the financial representatives come from diverse sectors: Retail – Razvan Predica, Emag, Oil & Gas – Andreas Peter Matje, OMV Petrom* and Insurance – Ciprian Ladunca, MetLife.

 

Applied know-how

The dedicated workshop will bring a more hands-on perspective upon the impact the main changes in the income tax and law. The session will be held by Mitel Spataru, Tax Manager at FiNEXPERT Consulting, who will shed light on the new approaches regarding the fiscal result calculation as well as sensitive issues in light of the recent methodological norms.

 

Attending this edition of the Tax & Law Conference will bring participants 6 CPD units offered by ACCA and 5 hours of professional training offered by CCF.

Those interested in participating at the event can register online here or directly by contacting Business Review at +40 31 040 09 31, or by email at events@business-review.ro .

More information about the event, the program and workshops can be found on the dedicated webpage.

*pending confirmation

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