IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2012v1p194-199.html
   My bibliography  Save this article

Fiscal Procedure Code And Regulations Regarding Transactions With Affiliates

Author

Listed:
  • Enea Constantin, Enea Constanta Author-Workplace-Name: “Constantin Brancusi” University of Targu-Jiu, Faculty of Low, “Constantin Brancusi” University of Targu-Jiu, Faculty of Economics and Business Administration

Abstract

: In determinate the transfer prices, The Romanian Procedural Fiscal Code stipulates (in the 79 th article) the obligation for those contributors who make transactions with related entities to draw up a record of transfer prices and to forward it to the tax administrations (at their request). Currently, the UE member states seek harmonization of tax legislation, with the aim of creating a common tax base. An important effect of the common base would be giving up the requirement for compiling a transfer price record, because the realization of income in a member state shall be associated with expenses in the state where the affiliate is located. In Romania, the guidelines on transfer pricing developed by the OECD have been assimilated into the domestic tax regulations (although our country is not yet a member of OECD), in order to harmonize these regulations in the Community. The main effect globalization has on transfer prices is increasing their complexity, as, in fact, economic globalization is reason for the existence of transfer pricing. With the increasing complexity of this area, states are forced either to improve legislation, or to create it, in order to ensure the growth of states income taxes.

Suggested Citation

  • Enea Constantin, Enea Constanta Author-Workplace-Name: “Constantin Brancusi” University of Targu-Jiu, Faculty of Low, “Constantin Brancusi” University of Targu-Jiu, Faculty of Economics and Business A, 2012. "Fiscal Procedure Code And Regulations Regarding Transactions With Affiliates," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 194-199, March.
    • Handle: RePEc:cbu:jrnlec:y:2012:v:1:p:194-199
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2012-01/32_ENEA_CONSTANTIN.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Elizabeth King, 2009. "Transfer Pricing and Corporate Taxation," Springer Books, Springer, number 978-0-387-78183-9, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shrikant Krupasindhu Panigrahi & Yuserrie Zainuddin & Azzlina Azizan, 2014. "Comparing Traditional and Economic Performance Measures for Creating Shareholder’s Value: a Perspective from Malaysia," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(4), pages 280-289, October.
    2. Challoumis Constantinos, 2020. "Index of the Cycle of Money - The Case of Latvia," Economics and Culture, Sciendo, vol. 17(2), pages 5-12, December.
    3. Pranvera Dalloshi, 2012. "Transfer Pricing: Is the Comparable Uncontrolled Price Method the Best Method in all Cases?," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 8(6), pages 67-76, December.
    4. Michal Kolář, 2016. "Overview of Safe Harbour Approaches in Transfer Pricing," Ekonomika a Management, Prague University of Economics and Business, vol. 2016(4).
    5. Constantinos Challoumis, 2021. "Index of the Cycle of Money – the Case of Bulgaria," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 225-234, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2012:v:1:p:194-199. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.