The Council of the European Union adopted, on the 24th of September 2018, the prolongation of the period for the application of the optional reverse charge mechanism for supplies of goods and services susceptible to fraud. The same document approved the Quick Reaction Mechanism against VAT fraud. These two measures will be active until June 30, 2022*, until the envisaged entry into force of the definitive VAT regime.
Source:
Latest Posts in "Romania"
- Major Reset of RO e‑VAT Compliance Notices and Pre‑Filled VAT Controls
- Romania: ANAF Proposes Changes to the Mandatory RO e‑Factura Register and Form 082
- ANAF Uncovers €18m+ VAT Refund Fraud Using Fictitious Advance Invoices
- ANAF Uncovers €3.6 Million VAT Fraud Scheme Involving Eight Companies and Real Estate Deals
- Romania Launches Tax Reforms to Curb Evasion, Streamline Share Transfers, and Reduce Bureaucracy
