Functional subtleties in the regime of shares obtained for free by the financial investments companies
Author:
University professor, PhD. Tatiana DĂNESCU, PhD Student Ovidiu SPĂTĂCEAN
JEL:
DOI:
Keywords:
Financial instruments, fiscal treatment, shares, recognition, assessment, opportunity cost
Abstract:
Established and organized initially as a public interest institution in order to administrate the regulated market for the financial instruments in Romania, The Bucharest Stock Exchange experienced in 2005 a demutualization as the main operators in the European capital markets are organized.\r\n\r\nThis article intends to present some essential aspects which are important to be known and understood by the financial auditors as for example the recognition, evaluation and fiscal treatment of the shares obtained for free by the companies for financial investments (intermediaries of the capital markets) as result of the transformation process of the Bucharest Stock Exchange as company per shares.\r\n