Effective Tax Rate for Romanian Listed Companies

The profit tax is an actual and very interesting subject and in this context the tax rate is one of the most important elements. The statutory tax is not an accurate reflection of an economy and this is way lately economists from all over the world are inclining to make previsions and analyze different economies by using the effective tax rate, no matter the way it is determined. The present paper aims to, first, present measurements methodologies and quantification modalities for the effective tax rate and, second, the paper is focusing upon determining the effective tax rate for Romanian listed companies at the Bucharest Stock Exchange.