Assoc. prof. dr. Raluca Andreea MIHALACHE
„Artifex” University of Bucharest
Abstract
Investment income comprises the law 571/2003, as amended: dividends, taxable income from interest, income from transfer of securities represented by any securities, units in a unit trust or other financial instrument such qualified by CNVM including derivatives and shares, income from operations of sale of foreign currency forward contract and other similar operations and income from the liquidation of a legal person.
Are considered interest income, interest on its bonds, interest earned on deposits, including certificates of deposit, amounts received as interest on loans and other revenues from debt. Revenues in the form of proceeds obtained from the sale of foreign currency forward contract, and any other such operations are favorable exchange differences resulting from these operations, the moment of operation and highlighting the customer’s account. Annual net income is determined as the difference between gains and losses during that year from such operations. Annual net income is calculated based on the income statement.
JEL.: H20, H32, G3
