Full fiscal deductibility for contribution paid by employer to optional private pension funds

The Tax Code modification has, starting Jan. 1, 2012, set up the full fiscal deductibility (both from the incomeprofit tax and from all the mandatory welfare contributions) for the contributions paid by the companies to the employees' benefit to the optional private pension funds (the so-called Pillar No. 3) within the limit of 400 euros a year (around 144 lei a month), says a release sent by the Association for the Privately Managed Pensions of Romania on Wednesday.The ...

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