Tuca Zbarcea & Asociatii

The Baylor Marea Neagră Foundation, represented by NNDKP, may continue to donate the medicines necessary for treating severe conditions after having won a court dispute against the Romanian fiscal authorities

06 Noiembrie 2018   |   BizLawyer

The NNDKP team who represented the client before the administrative disputes courts included Valeriu Mina, Partner in the Dispute Resolution Department, Alexandra Măruțoiu, associate in the same practice area and Adina Vizoli-Alexandru, Tax Partner with NNDKP Consultanță Fiscală.

Emil Bivolaru (Partner in the Dispute Resolution Department), Adina Vizoli-Alexandru (Tax Partner with NNDKP Consultantă Fiscală), Alexandra Mărutoiu (Associate in the Dispute Resolution Department) and Valeriu Mina (Partner in the Dispute Resolution Department)

The Romanian fiscal bodies refused to authorize the VAT-exempt import of the medicines necessary for treating several serious conditions, including HIV/AIDS infection, anemia caused by chronic renal diseases and certain types of cancer.
The refusal to authorize the VAT-exempt import was issued for a donation of medicines, in the total amount of USD 3,157,984.50, imported by the Baylor Foundation to be distributed freely to patients in the state hospital network that is experiencing financial distress.
"Among the years, thanks to the partnerships developed by the Baylor Foundation with American donors, the Romanian health system has been relieved of significant spending. In order for these medicines to be prescribed safely and free of charge and by specialists working in public hospitals in deprived or very crowded areas, significant financial, logistical and human efforts were needed. We believe that our projects have always aligned with legal, ethical and moral principles, and that is why this legal step was necessary. Our mission remains to reduce the suffering of patients and their families", declared the representatives of Baylor Marea Neagra Foundation.

During 2017-2018, NNDKP supported the efforts of Baylor Marea Neagră Foundation by successfully representing it in the dispute against the fiscal authorities. After the NNDKP experts in tax law and dispute resolution obtained a favorable decision, the import of medicines donated by AmeriCares Foundation, Inc from the United States to the Baylor Marea Neagră Foundation became exempt from the payment of value-added tax.
The NNDKP team who represented the client before the administrative disputes courts included Emil Bivolaru and Valeriu Mina, Partners in the Dispute Resolution Department, Alexandra Măruțoiu, associate in the same practice area and Adina Vizoli-Alexandru, Tax Partner with NNDKP Consultanță Fiscală.
"This case is an excellent example about how we can  asssist our clients by combining our legal and tax expertise and thus deliver an integrated legal & tax approach. The major challenge for the NNDKP multidisciplinary team resulted not only from the legal and tax issues, but also from the emotional nuances of the case. We are happy to have obtained a favorable decision that, despite being subject to appeal, represents a major step in our client's efforts in supporting the Romanian medical system. The entire team must be congratulated for this success!”, stated Valeriu Mina, Partner.

The Foundation's representatives estimate that the program could have generated drug imports totaling $4-5 million a year, a level similar to the one for the past 10 years, when cumulative donations exceeded $45 million.

Nestor Nestor Diculescu Kingston Petersen is a promoter of business law in Romania. The firm, together with its specialized tax and intellectual property arms, has a team comprised of more than 150 attorneys and tax and intelectual property consultants. With offices in Bucharest, Cluj-Napoca, Timisoara and Brasov, NNDKP offers full-service and integrated legal and tax advice to companies from diverse industry sectors. NNDKP represents Romania in some of the most prestigious international professional alliances - Lex Mundi, World Services Group - and is a founding member of the South East Europe Legal Group (SEE Legal). The firm is constantly top-ranked in all practice areas by the reputed international guides Chambers & Partners, Legal500 and IFLR 1000.






Ascunde Reclama


Nume *
Email (nu va fi publicat) *
Comentariu *
Cod de securitate*

* campuri obligatorii

Articol 50 / 2141

Ascunde Reclama
LegiTeam: Popovici Nițu Stoica & Asociații recrutează
Thomson Reuters Legal Advisers - Full Year 2018 | Cele mai active firme de avocați implicate în fuziuni și achiziții, anul trecut. Ce giganți cu prezență la București au intrat în Top 25 global, european și regional
„The Lawyer European Awards 2019”: 4 firme cu activitate în România concurează pentru titlu la secțiunea ”Law Firm of the Year: Eastern Europe and the Balkans” | PNSA, singura firmă domestica din lista scurtă a premianților. ZRP concurează la titlul „European litigation team of the year”
Clifford Chance Badea atrage un nou avocat senior în practica de M&A Real Estate
Topul problemelor din industria Pharma, creionat de avocații D&B David și Baias. Proiectele uneia dintre cele mai performante echipe de pe piața locală
ELLINT, alianța internațională a firmelor de avocați specializate în dreptul muncii, se extinde în România. Suciu | The Employment Law a intrat în rețea
Promovări în conducerea Mușat & Asociații: Paul Buta, Iulian Popescu și Răzvan Stoicescu devin Deputy Managing Partners | Partenerul Octavian Popescu se retrage
Andreea Bende, promovată în calitate de Partener în cadrul NNDKP IP
LegiTeam: PeliFilip recrutează avocați pentru departamentul de Real-estate
bpv Grigorescu Ştefănică a asistat Molex SUA, în consolidarea prezenței sale pe piața din România. Colaborare cu Jones Day
PeliFilip a reprezentat cu succes Hidroelectrica într-un litigiu complex de dreptul muncii
Câți avocați au firmele de top în evidențele Baroului, la început de an. Plutonul fruntașilor și-a schimbat structura, iar tendința a fost de micșorare a efectivelor, în 2018
Citeste pe SeeNews Digital Network
  • BizBanker

  • BizLeader

      in curand...
  • SeeNews

    in curand...