News

Starting from April 25, the beneficiaries of the Ticket Restaurant vouchers may use the GPS devices in order to identify the Edenred locations from the area and to get there.

This is possible using the POI (Points of Interest) files related to the beneficiaries' GPS applications. The POI files are available for most GPS applications on the market and may be downloaded from the Edenred site.

For further details, please access www.edenred.ro, section "Beneficiaries".

Clarifications regarding the Taxation of the Income Paid under Civil Contracts
Order No. 247/2012 brings clarifications with respect to the application of the provisions in the Fiscal Code referring to the taxation of the income paid under the civil contracts mentioning, inter alia, which are the contracts regulated under the Civil Code to which such provisions will apply.

Rectification of Errors by Submitting a Rectifying Statement
Order No. 144/2012 approves the procedure for the rectification of the errors contained in the tax statements in case of submitting rectifying statements. The order specifies, among other things, the calculation method of the interests and delay penalties related to the submission by the taxpayer of a rectifying statement containing the reduction/supplementation of the fiscal obligation. The differences of accessory fiscal obligations established further to their recalculation shall be individualized in the taxation decision.

Amounts Paid by Taxpayers in the Unique Account
Order No. 138/2012 amends the annex to Order No. 1.314/2007 for the approval of  the methodology to distribute the amounts paid by taxpayers in the unique account and to extinguish the taxpayers' fiscal obligations. The amendments transpose the provisions of the applicable Fiscal Procedure Code. The order changes the form based on which the ex officio setoff is ascertained; the term for serving this form to the taxpayer is 7 days from the date when the operation is carried out. The provisions regarding the distribution of the amounts paid in the unique account by the taxpayers to whom Law No. 85/2006 on the insolvency procedure applies and by the debtors under enforcement are also amended.

Performance of the Fiscal Supervision - Excisable Products
Order No. 207/2012 approves the methods and procedures for the performance of the fiscal supervision on the production, storage, movement and import of excisable products, establishing the duties of the control bodies in connection with the fiscal supervision in the field of excisable products.

Please be reminded that you can give your employees one lunch voucher for each day of work, and your company and employees will enjoy substantial fiscal facilities – deductibility and relief from social taxes – within the limit of the maximum face value that is admitted by law.

The new face value of lunch vouchers, valid in the first semester of 2011, was established under Order No. 952 / February 8, 2011, issued by the Minister of Labour, Family and Social Protection and published in Official Gazette No. 111 of February 8, 2011.

According to the legal provisions regarding lunch vouchers, they may be ordered and paid effective immediately at their new face value, and they will be delivered only after February 20, 2011.

Lunch vouchers are one of the most flexible and beneficial methods to increase employees' income, as they are deductible upon the calculation of the profit tax (16%) and free from social contributions payable by employees (16.5%) and by employers (at least 28%)*.

Effective July 2010, the amounts granted as lunch vouchers are subject to a tax of 16%, payable by employees **.

* Law 142/1998 regarding the grant of lunch vouchers and its rules of application
** EGO No. 58/2010 regarding the amendment and supplement of Law 571/2003 regarding the Fiscal Code