CHANGES IN THE FISCAL CODE AND THEIR INFLUENCE ON THE ACTIVITY OF ROMANIAN COMPANIES

Businesses, all over the world, want a stabile legislation. In the economic domain, all the companies need a clear fiscal code on a long period of time. Unfortunately, in the last ten years, the Romanian Fiscal Code has been amended several times. The old fiscal code is in force since 2003 and suffered throughout this period no less than 150 amendments. The unanimous opinion of the experts was that there was a clear need of a new code. The paper analyzes the changes brought by the Fiscal Code starting with 2016 and its implications on the activity of business operators and on the state budget for the next period of time. It seems that some of the changes will not have the desired effect on the state budget and, generally, on the economy.