Fiscal politics regarding the deductible costs

March 14, 2009

The term of deductibility represents from the accounting and fiscal point of view, an admission of an element from the financial reports which is allowed to be carried on by an economic agent in his activity. Reported to the costs, in the determination and accounting process of the profit tax, the deductible costs represent those costs which are recognized from the fiscal point of view. As regarding the fiscal regime the deductible costs are analyzed from two points of view.

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