ACCOUNTING AND TAXATION OF JOINT VENTURES
ACCOUNTING AND TAXATION OF JOINT VENTURES
Author(s): Daniela Marioara Popovici, Florin Popovici, Dumitru PopoviciSubject(s): Civil Law, Fiscal Politics / Budgeting, Accounting - Business Administration, Commercial Law
Published by: Editura Eurostampa
Keywords: joint venture; accounting; agreement; taxation;
Summary/Abstract: The joint venture involves the sharing by several natural or legal persons of the means, assets at their disposal in order to achieve an objective, the form of organization which, according to the provisions of the New Civil Code, does not lead to a structure with legal personality, but which aims to satisfy the interests of those who compose it. The association can be made for a specific project, but it can also be created as a continuous business partnership. The accounting of joint ventures is organized and managed separately by one of the co-participants according to the contractual agreements between the parties.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XXVII/2022
- Issue No: 27
- Page Range: 132-138
- Page Count: 7
- Language: English