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A company, profit taxpayer since 2017, recorded in 2018 a fiscal loss amounting 10,000 lei. In 2019, it recorded the following profits (cumulatively presented for

A company, profit taxpayer since 2017, recorded in 2018 a fiscal loss amounting 10,000 lei. In 2019, it recorded the following profits (cumulatively presented for the quarters):

Q 1- Q 2

Q3

Q4

Revenues, from which

0

315,000

540,000

Turnover

0

270,000

480,000

Reversal of a fine paid to the tax authority

0

0

7,500

Income from interest

0

3,000

4,500

Revenue from dividends received from a Romanian Company

0

0

6,000

Expenses, from which

0

279,000

360,000

Salary fund

0

160,000

200,000

Social expenses

0

0

12,000

Expenses without proper justifying documents

0

2,000

6,000

Gas for a rented car with mixt usage

0

800

1,200

Sponsorship

0

0

3,000

Penalties payable for commercial contracts

0

0

800

Fines payable to tax authority

0

3,000

7,500

Acquisition from inactive taxpayers

0

0

7,500

Protocol

0

2,000

4,000

Accounting profit

0

36,000

180,000

1. Compute the profit tax payable for the 3rd quarter of 2019

2. Compute the final profit tax for the year 2019

3. State the deadline for declaring and paying the differences of profit tax for year 2019

Romanian taxation system...

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