Taxation of financial products

Journal
Finance and Capital Markets (formerly Derivatives & Financial Instruments) 1999 (Volume 1), No. 3
General overview of the state of art in the taxation of financial products in Romania. The discussion of the tax issues related to the financial products follows an interesting and thorough description of the legal and regulatory framework and of the Romanian tax system in general. Among the products analysed are treasury bills, interest rate products, foreign exchange contracts, futures and options.