(P) Tax Flash: State aid

Government Decision no. 955/2013 for the amendment of Government Decision no. 797/2012 regarding implementation of a state aid scheme supporting investments promoting regional development by means of using new technologies and creation of new jobs (Government Decision no. 955/2013 published in the Official Gazette no. 764 of 9 December 2013) The new Government Decision amends Government Decision no. 797/2012, mainly by extending the scheme’s availability period until 30 June 2014 and supplementing the scheme’s budget with EUR 35 million. Government Decision no. 956/2013 for the amendment of Government Decision no. 1680/2008 regarding the implementation of a state aid scheme for ensuring sustainable economic growth (Government Decision no. 956/2013 published in the Official Gazette no. 768 of 10 December 2013) The new Government Decision amends Government Decision no. 1680/2008, mainly by extending the scheme’s availability period until 30 June 2014 Government Decision no. 1160/2013 for the amendment of Government Decision no. 753/2008 concerning the implementation of a state aid scheme regarding regional development by means of investment stimulation (Government Decision no. 1160/2013 published in the Official Gazette no. 842 of 30 December 2013) The new Government Decision amends Government Decision no. 753/2008, mainly by extending the scheme’s availability period until 30 June 2014. For additional information, please contact: Venkatesh Srinivasan, Partner – Head of Tax and Legal Ernst & Young SRL and E. Platis, C. Bazilescu LLLP 15-17 Ion Mihalache Blvd. Bucharest Tower Center Building, 22nd Floor Sector 1, 011171, Bucharest, Romania Tel: (40-21) 402 4000, Fax: (40-21) 310 7124 (p) - this article is an advertorial