Two of the most recent changes in the Tax Code are postponed to 01.01.2022: 1. The full deduction of the provision for certain bad debts 2. The increase of the value of houses that reduced VAT quota (5%) applies to (the new value is EUR 140,000). The provisions of Ordinance 69/2020 regarding the possibility to cancel the interest to fiscal debts overdue at 31.03.2020 are still applicable during 01.01.2021 and 31.03.2021.
Tax Alert Tax updates Ex officio determination of VAT payable ANAF Order No. 1022/2026 approves the new procedure for the ex officio assessment of VAT due by taxpayers who have failed to… Read more
Tax Alert Transfer pricing updates ANAF Order No. 828/2026 introduces significant changes in the field of transfer pricing. However, with the exception of large taxpayers, the preparation… Read more
Blog A conversation on loyalty, growth, and the power of kindness In a world where careers often move at lightning speed, finding someone who has dedicated two decades to a single mission is… Read more