"Net-of-tax" clauses in the context of a recent decision of the Romanian High Court of Cassation and Justice

Journal
Author
Păun, C.A.
Country
Romania
Published Date
Issue
European Taxation 2008 (Volume 48), No. 5
FormatPDF
EUR
45
| USD
50 (VAT excl.)

Globalization and the transfer of technology and know-how mean that new juridical and economic aspects relating to international cooperation between commercial companies are of fundamental importance. In the context of many European companies using subsidiaries or affiliated companies to undertake large projects, the related issues of the payment for these services and the consequent fiscal treatment arise. This note considers a recent Romanian court case regarding these topics.