The standard deduction may be higher than the basic standard deduction if any of the following conditions are met: 1  The taxpayer is 65 years of age or older; 2  The taxpayer's spouse is 65 years of age or older;
Romania's political framework is a semi-presidential, representative democratic republic where the prime minister is the head of government and the president is the head of state. Executive power is exercised by the president of the republic and the government. Romania has a multi-party system, with legislative power vested in the government and the two chambers of parliament: the Chamber of Deputies and the Senate. The judiciary is independent of the executive and the legislature.
With its primary ally out of the war, Romania requests of an armistice and is granted one. Romania signs an armistice with the Central Powers on April 20, 1917, ending Romanian involvement in World War I. This is relief for Austro-Hungarian and Bulgarian troops which have been fighting the Romanians for several years. Romania is returned to its pre-war borders. As a result of the armistice, Bulgaria and Austria-Hungary will be able to focus on other fronts. The leaders of the Central Powers nations (Germany, Austria-Hungary, the Ottoman Empire, and Bulgaria) meet in Warsaw to discuss further plans in World War I.