P.F. X
The period audited was: 01.01.2021 – 31.12.2022.
The main results of the tax inspection authorities were:
In 2022, individual X obtained income in the amount of x lei from the sale of shares held in the share capital of a legal entity, without calculating, withholding and declaring the related income tax, set at x lei.
In the period 2021-2022, individual X obtained foreign dividend income from an entity in State X, in the amount of x lei, according to the dividend coupons submitted for each year.
According to the documents submitted and the information provided by the taxpayer, the tax is due in Romania and cannot be reduced by applying the tax credit, as a method of avoiding double taxation provided for by the treaty concluded between Romania and State X, since the payer of the dividends did not withhold any tax at source in this State.
Thus, the tax due in Romania for the dividend income obtained from abroad in the period 2021-2022 is in the total amount of x lei.
Likewise, in 2021, individual X received pension income from the private pension fund in State Y, in the total amount of x lei .
Thus, the tax due in Romania on pension income from abroad was established in the amount of x lei , calculated after deducting the amount of x lei, based on the tax credit, representing the tax paid abroad through withholding tax by the payer of the income.
For the verified period, the taxpayer also owes social health insurance contribution (CASS) in the amount of x lei.
Source: ANAF
In conclusion, the tax inspection authorities have additionally established the amount of x lei, representing:
- Income tax: x lei ;
- Social Health Insurance Contribution (CASS): x lei .