NNDKP successfully represented a major local food supplier in connection with the annulment of the fine imposed by the Competition Council following an investigation initiated in 2009 for alleged anti-competitive agreements between several suppliers and retailers operating in the domestic market.
On March 16, 2023, Chambers & Partners released the results of its 2022 European research, a benchmark when it comes to recognizing prominent law firms and leading legal practitioners in the region.
Nestor Nestor Diculescu Kingston Petersen (NNDKP) successfully represented ENEL (E-Distributie Banat) in a complex tax dispute relating to the possibility of the taxpayer deducting the value of tax depreciation for tangible assets (electricity grid connectors) acquired from the company’s clients through transfer, for the calculation of corporate income tax. Initially, tax authorities rejected this possibility based on the way in which the company acquired the connectors (free of charge) and considering the existence of accounting depreciation rules different from the tax depreciation rules that were used.
On March 17, Chambers & Partners released the results of its 2021 European research, a benchmark when it comes to recognizing the best law firms and legal practitioners in the region.
This article was prepared for and first appeared in Which Lawyer in Romania 2021
Călin Bîrsan
Sorina Olaru, Partner in NNDKP’s Dispute Resolution practice, was one of the speakers in the webinar organized by the Dispute Resolution Board Foundation (DRBF), which was dedicated to examining the key differences between statutory adjudication, adjudication by dispute avoidance/adjudication boards, and arbitration.
14.09.2021 – By GEO 11/2021, it was enacted the use of the standard audit file for tax (D406 Informative Declaration), which will contain accounting data automatically extracted from the taxpayers’ accounting systems that is relevant for tax audits. Thus, an international standard direct reporting system is established, through which the taxpayers will submit tax reports, VAT reports to the fiscal authorities.
