Rules for the Transition from the Income Taxation System of Micro-Enterprises to the Profit Tax

As a result of the adoption of Law No. 296/2023 regarding some fiscal-budgetary measures to ensure Romania's long-term financial sustainability and Government Emergency Ordinance No. 115/2023 regarding some fiscal-budgetary measures in the field of public expenditures, for fiscal consolidation, combating fiscal evasion, for the modification and completion of some normative acts, as well as for the extension of some deadlines, this article aims to present a series of theoretical and practical situations regarding the new fiscal changes from the point of view of the transition from the income taxation system of micro-enterprises to the profit tax, applicable starting in fiscal year 2024.