VATupdate

SAF-T implementation will be mandatory for taxpayers per Jan 1, 2022 – 3 months grace period

With the latest decision in Romania, new regulations for tax compliance reporting will come into effect from January 2022 and The SAF-T implementation will be mandatory for taxpayers.

The National Agency for Fiscal Administration (ANAF) has allowed a three-month grace period for compliance with the new requirements. This means that there will be no fines for submission errors or reporting errors in SAF-T files for January, February, and March. Taxpayers must submit a correct declaration by the end of April 2022 at the latest.

Source SNI

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