Government modifies Fiscal Code. BNR warns about domestic risks…

The Government modified the Fiscal Code through an emergency ordinance adopted on Friday, in order to implement the fiscal measures included in the governing platform confirmed by Parliament on January 4. Thus, the tax exemption for R&D companies will be in force in the first 10 years of their activity. Likewise, for newly established taxpayers that are exclusively active in the innovation and R&D sector, as defined by law, the exemption is offered for a period of 10 years since the emergency ordinance comes into force, in observance of the state aid legislation.