ANAF Order No. 1022/2026 approves the new procedure for the ex officio assessment of VAT due by taxpayers who have failed to file their VAT return. Taxable persons who have not filed their VAT return will be notified twice by ANAF before the ex officio assessment of the amount due is carried out. The amount is determined based on the information included in the pre-filled VAT return (E-VAT), by taking the reported output VAT as such and reducing the input VAT by half. The pre-filled VAT return uses information from the E-Invoice system, E-Cash Registers, SAF-T, and other available reporting sources.
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
Tax Alert Emergency Ordinance (OUG) 8/2026 to approve actions for Economic Recovery has entered into force The main provisions in the area of tax legislation are: A. CORPORATE INCOME TAX • An additional mechanism to stimulate investment in… Read more