Which are the patronage registrations and how do they affect the calculation of the revenue tax?

Registrating the value of the patronage in the accounting, thus as it results from the contract between the two parts, is done as follows:

6582 = 5121/5311 if the patronage consists of money,
or
6582 = 3xx if the patronage consists of goods.

If the patronage is made according to the law regarding patronage, trimestrial, when the revenue tax is calculated, this expense is considered nondeductable but the respective sum is deducted from the tax, in the limit of 3% of the sales figure and of 20% of the own revenue tax. Thus results the value of the revenue tax that is registered in the accounting and that is declared in the Declaration regarding payment obligations to the state buget. Bookkeeping of these deductions is made extraaccountingly, by writing them into the fiscal bookkeeping register.

As for the VAT, goods that are given for free in patronage and charitable actions are not considered as deliveries of goods, in the limit of 3% of the sales figure and a fiscal bill is not made for giving these goods. Patronages and charitable actions given in cash are not taken into account for fitting into this category. Surpassing the limits is a delivery of goods, and VAT is collected, if the right to VAT deduction coresponding to the surpass has beed exercised. The VAT collected coresponding to the surpassment is calculated and included in the regularizari heading in the deduction made for the fiscal period in which the taxable persons registered as VAT payers have turned in the annual financial report, but no later than the legal time limit for the turning in.

According to Law no. 32/1994 regarding patronage together with the later changes and supplements (Government Ordinance no. 36/1998 thus as it was changed by the Approval Law no. 204/2001) the patronage is the judicial act by which two persons agree to transfer the ownership over material goods or financial means in order to support nonprofitable activities done by one of the parts, which is called the beneficiary of the patronage.

An individual person living in Romania can be a patronage beneficiary if he is active in one of the fields: cultural, artistic, educational, education, scientific – fundamental and applied research, humanitarian, religious, charitable, sport, human rights, medical – sanitary, social assistence and services, environmental, social and communitary, reprezentation of professional associations, as well as maintenance, restoration and highlighting the historical monuments, and the activity is recognized by a judicial person with no profitable purpose or by a public institution that is active in the field the patronage is solicited in.