Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully represented ENEL (E-Distributie Banat) in a complex tax dispute relating to the possibility of the taxpayer deducting the value of tax depreciation for tangible assets (electricity grid connectors) acquired from the company’s clients through transfer, for the calculation of corporate income tax. Initially, tax authorities rejected this possibility based on the way in which the company acquired the connectors (free of charge) and considering the existence of accounting depreciation rules different from the tax depreciation rules that were used.

Teodor Iancu

On March 17, Chambers & Partners released the results of its 2021 European research, a benchmark when it comes to recognizing the best law firms and legal practitioners in the region.

This article was prepared for and first appeared in Which Lawyer in Romania 2021

Călin Bîrsan

The Dispute Resolution Board Foundation (DRBF) will organize a webinar dedicated to examining the key differences between statutory adjudication, adjudication by dispute avoidance/adjudication boards, and arbitration.

14.09.2021 – By GEO 11/2021, it was enacted the use of the standard audit file for tax (D406 Informative Declaration), which will contain accounting data automatically extracted from the taxpayers’ accounting systems that is relevant for tax audits. Thus, an international standard direct reporting system is established, through which the taxpayers will submit tax reports, VAT reports to the fiscal authorities.

NNDKP successfully assisted and represented companies part of Efacec group, a supplier of solutions with presence in the energy, mobility and environment value chain, before the Court of International Commercial Arbitration attached to the Chamber of Commerce and Industry of Romania against Brăila County, a local administrative authority from Romania.

Andreea Ciubotaru

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