EY Tax Guide 2018

Autonomous taxation
• Non-documented expenses 50% or 70%
• Entertainment expenses 10%
• Car related expenses 0% to 35%
• Per diems and km paid to employees 5%
CIT advance payments
• Taxpayers may be required to make 3 advance payments in the
7th, 9th and 12th months of the tax year, which is computed
over the tax assesses in the previous tax year. Additional
advance payments may also be required in the same timing
regarding the State Surcharge. Special advance payments, up
to €70,000.00, may also be required in the 3rd or in the 3rd
and 10th months of the tax year.
• Payments to low tax jurisdictions 35% or 55%
• Certain indemnities to board members 35%
• Bonus and variable compensation to board members,
exceeding certain thresholds 35%
• The above rates are increased by 10pp whenever the taxpayer
or the tax group computes a tax loss.
16 Tax Guide 2018