Managing partner Angela Rosca leads the TaxHouse team in Romania. Rosca has 23 years’ experience in local and international tax. There are two partners and three directors in the team.
The firm is a member of a global network with more than 400 tax partners in 40 countries. The firm advises on tax matters related to investment structuring, real estate, M&A, due diligence, VAT, corporate income tax, and capital gains tax compliance.
Key sectors for the firm include banking and financial services, leasing, real estate, consumer goods and services, healthcare, pharmaceuticals, automotive, energy and insurance.
During the research period the firm advised a large real estate developer in an assessment of the Romanian tax implications concerning the use of bond proceeds in its downstream operations. The tax team had to determine the correct deductible Romanian tax of interest expenses and the withholding tax applicable to interest payments.