THE TAX IMPLICATIONS ON THE ECONOMIC ACTIVITY CONDUCTED IN PUBLIC INSTITUTIONS IN ROMANIA

Abstract

Public institutions are entities through which the State conducts its activity, as regulated by Law 500/2002 on public finances. Like any other operating entity, the public institution acts through a budget, comprised of public revenues and expenditures. A particular case that I will address in this paper is that of the economic activity conducted in public institutions and the taxation-related aspects of this area of activity. I will also include here a structure of the revenues and expenditures of this area of activity and the way taxes and duties are determined