The new legislation modifies the Law 70/2015 regarding the strengthening of the financial compliance related to cash transactions as follows: the economic entities are obliged to keep the legal supporting documents for the payments made using remote control payment methods (e.g. e-banking). Failure to comply is sanctioned with a fine between RON 3,000 and RON 4,500. An example of such an event is the lack of supporting documents (invoice, receipt) for the payments made using a credit/debit card.
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