Tax Alert New rules to apply the VAT exemption for intercommunity sales – January 2020 Starting from January 2020 the VAT exemption for intercommunity sales will be regulated by EU Directive 2018/1910 amending Directive 2006/112 (VAT Directive)… Read more
Tax Alert The Trade Registar publishes the form for the disclosure of the ultimate beneficial owner. The Trade Registrar has published the form by which companies must declare their UBO’s. The obligation was introduced by Law 129/2019 and… Read more
Tax Alert Procedures for debt restructuring to the state budget only for large debtors The Ministry of Finances issued Order no. 2810/2019 regulating the procedure to apply the debt restructuring methods. The procedure applies to companies/entities… Read more
Tax Alert New rules for restructuring the debts to the state budget The Government approves the Ordinance that will enable the taxpayers with outstanding budgetary debts at the end of 2018 to apply for… Read more
Tax Alert Major changes to prevent and combat money laundering The Law for preventing and combating money laundering and terrorist financing, which transposes the 4th Anti-Money Laundering Directive, Directive (EU) 2015/849, was… Read more
Tax Alert Half-yearly accounting reporting and news from Order 2493/2019 Half-yearly accounting reporting and news from Order 2493/2019 The Order approves the Accounting Reporting System for June 30, 2019 and establishes the… Read more