TAX CODE OF FINANCING ROMANIAN SPORT CLUBS

Adrian Iacobini and Andreea Voinea

Marathon, 2016, vol. 8, issue 1, 55-59

Abstract: There are a lot of ways of financing sports clubs in Romania, sadly olny a few are knowned or they are rearly put into practice. From redirecting 2% from the personal income tax, to directing 20% of the profit income from companies in the limit of 0.3% from their total fiscal value to the new fiscal code which came into vigor from the 1st of January 2016 where the limit was raised to 0.5%.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:rom:marath:v:8:y:2016:i:1:p:55-59

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