News Flash No. 32/2023
Subject: Fringe benefit disbursement pursuant to Article 40 of Decree Law No. 48/2023, converted with amendments into Law No. 85/2023
As set forth in Study News No. 13/2023 and No. 26/2023, limited to the 2023 tax period, the value of goods sold and services provided to employees with tax dependent children, (including children born out of wedlock recognized, adopted or foster children), as well as the amounts disbursed or reimbursed to the same employees by employers for the payment of domestic utilities of the integrated water service, electricity and natural gas, do not contribute to income, within the overall limit of 3,000 euros.
It is worth noting that the choice of disbursement remains the option of the employer.
In case of disbursement of the benefits in question, it is considered useful to recall some steps to pay attention to.
As noted above, recipients of this "benefit" are employees with children (including children born out of wedlock recognized, adopted or foster children) who are tax dependent (Art. 12, c. 2 TUIR).