Politics

Major manufacturer of car components in Romania accuses of being incapable of payment if ANAF does not recognize them as deductible some expenses

Major manufacturer of car components in Romania accuses of being incapable of payment if ANAF does not recognize them as deductible some expenses

Car components produced by preh/ photo: Facebook – Preh Romania

The manufacturer of electrical and electronic components for Preh Romania vehicles, with around 2,000 employees at its factory in Ghimbav and annual turnover of over 1 billion lei, part of the German homonym group, in turn controlled by the Chinese conglomerate Joyson, accuses, in a dispute with the National Agency for Fiscal Administration They are not recognized as deductible, from the perspective of profit tax and VAT, expenses of about 137 million lei made in transactions carried out years ago with the mother group in Germany.

The decision to impose the tax contested by Preh Romania as illegal and incorrect is in the amount of 23.2 million lei, but, as it is related to operations performed in 2021, the additional payment to the state budget would amount to over 50 million lei, with accessories, says the company, according to the data from the process file.

Read the continuation on profit.ro.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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