Quantification of the Fiscal Result. Application

The article discusses a series of theoretical aspects and case studies regarding the quantification of the fiscal result and implicitly of the profit tax. The positive fiscal result is determined as the difference between the income and expenses recorded in the accounting, to which non-deductible expenses are added and non-tax income and tax deductions are subtracted. When establishing it, tax losses that are. Taxpayers paying profit tax calculate the quarterly/annual fiscal result, cumulated over the entire fiscal year. Profit tax is determined by applying the 16% rate to the taxable profit.