Bulgaria The Bulgarian tax treaty and international conventions – Accommodation costs granted by an employer to a worker on business trips or transactions are not considered taxable income at the worker`s level, if there are supporting documents (i.e. a rental contract, etc.). For the calculation, we took into account the fact that the monthly rent indicated in the rental agreement is 12,000 USD. There are therefore arguments for the entire housing allowance to be considered a tax-free benefit at the individual level. Romanian taxpayers are subject to Romanian income tax on their global income, unless it is not possible to obtain a residence certificate from a country with which Romania has a contract to avoid double taxation. Personal income from abroad, whose income is income from salary, is generally reported separately by an annual return. On the basis of the provisions of Romania`s double taxation agreements with other countries/territories, as well as on the basis of Romanian law, where residents of the Romanian tax zone are subject to income tax in a country or jurisdiction with which Romania has a tax treaty, the Romanian state will grant everyone a tax credit or tax exemption. The credit is granted at the level of tax paid abroad, but cannot exceed the tax due in Romania. If you live in one EU country and work in another country, the tax rules for your income depend on national laws and double taxation conventions between the two countries – and the rules may differ considerably from those that determine the country responsible for social security issues. (a) Will the imposition be triggered regardless of whether or not the board member participates physically in board meetings in Romania? We contain a collection of global double taxation conventions in English (and other languages, if available) to assist members in their applications. If you`re having trouble finding a contract, call the application team on (0)20 7920 8620 or email us at library@icaew.com. The double taxation conventions have a long history since the 18th century, when France and Italy signed the first double taxation regulation, which was applied to royalties collected in both countries. The first attempts at a budgetary solution were not found until the 19th century, when it began the first staging of the treatment of double taxation.

The first concrete attempt to eliminate double taxation was observed in relations between the federal states of the same Union (federal law of 1870 and Swiss Constitution of 1874). Second, the semi-independents of the British Empire entered into bilateral agreements to avoid double taxation. This resulted in the abolition of double taxation between independent sovereign states and the first double taxation agreement signed in 1899 between Prussia and the Austro-Hungarian Empire. In 1932, the League of Nations, the forerunner of the United Nations, published an official report proposing concrete solutions to avoid double taxation: are there tax-exempt income sectors in Romania? If so, please provide a general definition of these areas: do the Romanian tax authorities follow the economic approach of employers in interpreting Article 15 of the Organisation for Economic Co-operation and Development (OECD) Treaty? If not, are the Romanian tax authorities consider adopting this interpretation of the economic employer in the future? From 2016, the onus is on the individual to declare and pay all social security contributions if the employer resides in a country/jurisdiction that is not covered by REGULATION EC 883/04 or with which Romania has not entered into a bilateral social security coordination agreement. Is there a number of days of mini-mus2 before the local tax authorities apply the employer`s economic approach? If so, what is the number of days? Fortunately, most countries have double taxation conventions.