LEGAL AMENDMENTS CONSEQUENCES WHICH ADDRESS TO ENTITIES APPLYING THE INCOME TAX REGIME WITHIN OPERATIONAL ACTIVITY
LEGAL AMENDMENTS CONSEQUENCES WHICH ADDRESS TO ENTITIES APPLYING THE INCOME TAX REGIME WITHIN OPERATIONAL ACTIVITY

Summary/Abstract: The economic environment at the global level is in a continuous movement,manifesting itself as a process in perpetual evolution. The process of globalization of theformer national economies and the unprecedented increase of economic-financial marketsimportance impose on SMEs unique challenges regarding the growth of value and thepromotion of the performance. In this context, SMEs in order to become competitive mustadapt as well as possible to the market, to face other entities with similar activities throughquality and diversity of services, efficiency, modern management and of course optimalrates. The small entities are, therefore, forced to apply fixed rates to allow companies abudgetary certainty, this system being designed for the provision of basic services. Also,small companies, within their activity, encounter a lot of different barriers. These arecharacterized by different legislative changes, in all fields of activity and implicitly in thefield of accounting profession. The accounting profession is subject to new demands, in theconditions of globalization and application of financial-accounting techniques worldwide.This article aims to highlight the consequences of the changes, especially frequent in recentyears of legislation in the field of entrepreneurship activity, namely micro enterprises,which usually at the beginning of activity pays income tax from operational activity.

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