Tax Alert Information regarding the change in the VAT rate: increase from 19% to 21% Starting August 1, 2025, Romania’s standard VAT rate will increase from 19% to 21%, under Law No. 141/2025, published in the Official… Read more
Tax Alert Important tax changes starting August 1, 2025 Changes of taxes have been announced by the Government on 02.07.2025: 1. VAT – starting with August 1, 2025: – The reduced… Read more
Tax Alert European Commission Unveils Major Simplification of Sustainability Regulations and Investment Opportunities The European Commission has introduced a comprehensive package of proposals aimed at simplifying EU regulations, enhancing competitiveness, and facilitating sustainable investments. Promising… Read more
Tax Alert Important fiscal changes starting with 01.01.2025 On 31.12.2024, GEO 156/2024 was published regarding some fiscal-budgetary measures. The main changes in the tax field, with application from 01.01.2025, are:… Read more
Tax Alert Important fiscal changes OUG 138 / 05.12.2024 E-Invoice: In the B2G commercial relationship, the invoices will contain the corresponding CPV codes provided in the reference nomenclature in the field… Read more
Tax Alert RO E-VAT The main aspects related to RO e-VAT are: RO e-VAT is implemented starting with 01.08.2024 for transactions made by VAT payers starting… Read more