Taxation Mechanism for Revenues from Independent Activities Based on the Income Tax Bracket System

Taxation Mechanism for Revenues from Independent Activities Based on the Income Tax Bracket System

Number 7, July 2020  »  Taxation

Professor Lucian Cernușca, PhD
"Aurel Vlaicu" University of Arad

Abstract: This article discusses a series of conceptual and practical issues regarding taxation mechanism of revenues from independent activities based on the income tax bracket. For tax payers who obtain revenues from independent activities apart from liberal professions, and perform activities contained in the classified list from the Regional Directorates General of Public Finance, the net annual income is determined on the basis of annual income tax bracket from the place of work. These tax payers have a number of filling and payment obligations. They set out the annual tax and social contributions paid through the single return for income tax and social contributions by natural persons.
Classification JEL: K34 | Pages: 48-55

Statistics: abstract views 108 | PDF downloads 151 | PDF views 42
   



This website uses cookies to analyze the traffic and to improve the browsing experience. The cookies of third party companies / services placed on this site (Google Analytics, Facebook, Twitter, Disqus) are included here. By continuing to use this website, you agree to the storage of all cookies on your device.