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SAF-T coming to Romania: All the crucial questions answered

Romania has confirmed it is introducing obligatory SAF-T reporting, known officially as the D406 Informative Declaration, from January 2022.

It joins a growing list of European countries to adopt SAF-T, including Poland, Portugal, Norway, Hungary and Austria.

What is SAF-T reporting?

SAF-T – or Standard Audit File for Tax – is the international standard for digitally sharing reliable accounting data between organisations and national tax authorities. SAF-T is defined by the Organisation for Economic Cooperation and Development.

Source Innovate tax

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