Romania

ANAF issues a reminder to taxpayers in Romania about the importance of utilizing virtual private space for communication purposes. The National Agency for Fiscal Administration (ANAF) has recently introduced modifications to the process of submitting requests to tax authorities. Starting from the latter part of the first quarter of 2023, legal entities, associations, and other […]

VAT Exemption Granted for Supplies Delivered to Hospitals in Romania New VAT Exemptions Introduced in Romania for Supplies to Hospitals The Romanian government has enacted Law No. 88 of 11 April 2023, which introduces several new VAT exemptions. These exemptions are applicable to various supplies made to hospitals and aim to support the healthcare sector.

ANAF in Romania employs specific inconsistency criteria to initiate a tax audit on a company. As per Article 7 of the Fiscal Procedure Code, tax administration procedures in Romania are conducted based on the fiscal risk classification or subclassification assigned to taxpayers. This classification is determined through a risk analysis conducted by the tax authority.

Romania has implemented regulations regarding the taxation of tips Romania is swiftly enacting a newly released regulation that outlines guidelines for the taxation of tips and its impact on the issuance of fiscal receipts. As per a legislative draft adopted on December 13, 2022, by the Chamber of Deputies, employees in various establishments must now

Taxpayers in Romania are required to file an F4105 notification in the fiscalization system for the following situations: Taxpayers in Romania are required to file an F4105 notification in the fiscalization system for the following situations: These notifications help ensure proper documentation and compliance with fiscal regulations in Romania’s fiscalization system.

The Romanian government has released technical and functional specifications for vending machines that must be connected to fiscal electronic cash registers. The Romanian Government has recently amended the Methodological Norms for the application of the Emergency Ordinance No. 28/1999, which mandates the use of “electronic fiscal marking machines” or electronic fiscal devices. The updated norms