Modalities of Income Tax From Independent Activities. Case Study, Romania

The agricultural activities for which the income can be determined based on income norms are established by the Tax Code, and the value of the associated norms is established in each county by the General Directo- rate of the County Public Finances. For the income from independent activities, there are two systems of tax collection: the real system: the tax applies to the net achieved income; the income norm: the tax applies to the amount that is considered to be obtain on an average from the activity. The general rule for income tax from independent activities is the real system, which involves organizing single-entry accounting.