Law No. 29 Of 12 March 1997

Original Language Title:  LEGE nr. 29 din 12 martie 1997

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Law No. 29 of 12 March 1997, for approval of the Government Ordinance. 24/1996 on the tax on the income of subsidiaries of companies from Romania and foreign economic organizations ISSUING PARLIAMENT Published in MONITORUL OFICIAL nr. 49 of 21 March 1997, the Romanian Parliament adopts this law.


The sole article approving Ordinance No. 24 of 26 July 1996 concerning the tax on the income of subsidiaries of companies from Romania and foreign economic organizations, issued pursuant to art. and (b). f) of law No. 65/1996 for empowering the Government to issue decrees and published in the Official Gazette of Romania, part I, no. 175 of 5 august 1996, to amend the table in the annex, which shall read as follows: "ANNEX RULES of INCOME determined by the number of people working in the Office of the representative type of taxable annual income-(1-2 persons) 19,750,000 B (3-5 persons) 61,050,000 C (6-8 persons) 119,550,000 D (over 8 people) 242,800,000" this law was adopted by the Senate at its meeting of 27 February 1997 respecting the provisions of article 7. 74 para. (2) of the Constitution of Romania.
p. SENATE CHAIRMAN MIRCEA IONESCU QUINTUS this law was adopted by the Chamber of deputies at its meeting on 24 February 1997, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. CHAMBER of DEPUTIES PRESIDENT ANDREW JOHN CHILIMAN — — — — — — — — — — — — —