"Net-of-tax" clauses in the context of a recent decision of the Romanian High Court of Cassation and Justice

Globalization and the transfer of technology and know-how mean that new juridical and economic aspects relating to international cooperation between commercial companies are of fundamental importance. In the context of many European companies using subsidiaries or affiliated companies to undertake large projects, the related issues of the payment for these services and the consequent fiscal treatment arise. This note considers a recent Romanian court case regarding these topics.