Recent initiatives of the Romanian National Agency for Fiscal Administration (the “NAFA”) – including on site controls – showcase the Agency’s interest in verifying the VAT and PE structures set-up and deployed for business purposes by the international companies active in the pharmaceuticals sector in Romania.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) and Transfer Pricing Services (TPS), the main independent tax consultant in transfer pricing, announced their strategic partnership.
Nestor Nestor Diculescu Kingston Petersen Legal & Tax organized a new edition of its Lex Atelier workshop series, with Ziarul Financiar as media partner. The main subject up for debate was “Management Decisions and Liability”, NNDKP’s lawyers and consultants tackling the issue from multiple legal and tax perspectives and a multi-disciplinary approach that resulted in a practical crash-course on taxation issues, competition law and employment matters.
Our colleagues Alina Timofti (partner) and Adina Vizoli (tax director) from the NNDKP Tax Advisory team analyzed the novel elements of anti-fraud control at TaxEU, one of the most important local events on fiscal issues.
One of the largest American car manufacturers and Nestor Nestor Diculescu Kingston Petersen announced today the finalization of the last stage of the restructuring process under the privatization contract, resulting in the Romanian State currently holding 100% share capital of the company split from the American company.
The three simultaneous workshops organized by Nestor Nestor Diculescu Kingston Petersen provided a forum for discussing some of the most current topics that impact the business environment: current issues related to the structuring and enforcement of loan agreements and securities, specific methods for closing the competition investigations without the application of or with the reduction of fines, as well as tax legislative news relevant for the 2012-2013 period.
