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Wait, why are expenses deducted from profits, as opposed to before profits? Is OP doing something wrong, or is Romanian corporation tax different from normal?
by orra 3y ago
Wait, why are expenses deducted from profits, as opposed to before profits? Is OP doing something wrong, or is Romanian corporation tax different from normal?
- alin23 3y agoThat's a confusion on my part, sorry about that. You are right, the expenses are deducted before profits. In my case, the expenses are so small (<$1k) that they would not significantly affect the final tax to be paid, so I just left it at the end as an aside.