{"id":9310,"date":"2020-04-22T23:08:23","date_gmt":"2020-04-22T20:08:23","guid":{"rendered":"https:\/\/beta.kreston.ro\/2020\/05\/27\/special-provisions-for-returns-with-a-negative-amount-of-vat-with-a-refund-option\/"},"modified":"2020-05-27T23:19:17","modified_gmt":"2020-05-27T20:19:17","slug":"special-provisions-for-returns-with-a-negative-amount-of-vat-with-a-refund-option","status":"publish","type":"post","link":"https:\/\/kreston.ro\/en\/special-provisions-for-returns-with-a-negative-amount-of-vat-with-a-refund-option\/","title":{"rendered":"Special provisions for returns with a negative amount of VAT with a refund option"},"content":{"rendered":"<p>A value added tax reimbursement is approved by the central fiscal body, based on a risk analysis of fiscal inspection. Although, there are some exceptions for those with a negative VAT on returns. The exception includes:<\/p>\n<p>a) Those under the fiscal inspection started on 16.04.2020<\/p>\n<p>b) Large and medium taxpayers who submitted and are better off after the anticipated fiscal inspection, in case if:<br \/>\n1. Registered fiscal record is sanctioned;<br \/>\n2. There is a risk of undue reimbursement, based on the prove by the central fiscal body<br \/>\n3. The voluntary liquidation \/insolvency procedure has been initiated\/opened out of the reorganization plan.<\/p>\n<p>c) Other taxpayers, in case if:<br \/>\n1. Registered fiscal record is sanctioned;<br \/>\n2. There is a risk of undue reimbursement, based on the prove by the central fiscal body that;<br \/>\n3. The voluntary liquidation \/insolvency procedure has been initiated\/opened out of the reorganization plan;<br \/>\n4. The taxpayer submits the first statement with negative amounts of VAT with reimbursement option only after registration for VAT purposes;<br \/>\n5. The balance of the negative amount of VAT requested for reimbursement comes from more than 12 monthly reporting periods, respectively 4 quarterly reporting periods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A value added tax reimbursement is approved by the central fiscal body, based on a risk analysis of fiscal inspection. Although, there are some exceptions for those with a negative VAT on returns. The exception includes: a) Those under the fiscal inspection started on 16.04.2020 b) Large and medium taxpayers who submitted and are better [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[262],"tags":[],"class_list":["post-9310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-alert-en"],"_links":{"self":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/9310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/comments?post=9310"}],"version-history":[{"count":1,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/9310\/revisions"}],"predecessor-version":[{"id":9311,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/9310\/revisions\/9311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/media\/14902"}],"wp:attachment":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/media?parent=9310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/categories?post=9310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/tags?post=9310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}