IMPORTANT MODIFICATIONS ON FISCAL LEGISLATION - A MAJOR IMPACT UPON PRACTICAL DECISIONS OF LEGAL PRACTITIONERS AND OTHER PARTICIPANTS ON THE MARKET

Abstract

The end of 2020 brought some major modifications on the fiscal legislation. As we can see, the impact will be significant taking in consideration that these modifications will bring some changes which will affect not only the fiscal practitioners or the lawyers or the administrative personnel but all people involved in fiscal transactions, in a word, the whole market. This study is the first step in an analytical analyse of these modifications trying to underline the impact on the market. Also, we have to have in mind that the fiscal legislation was amended year by year which meant a fiscal instability. We will try to see if these new changes will bring more predictability for all actors involved in this process.

Keywords

• fiscal code
• fiscal authorities
• fiscal documents
• vat
• independent activities