Highlights
- Romania has the highest VAT Gap in the EU
- Per Jan 1, 2022, SAF-T Reporting will be implemented for large taxpayers
- eFactură electronic invoices registration as of Dec 1, 2021, mandatory application of B2B E-Invoicing and Real Time Reporting as of 2023?
- Several VAT rate changes, Energy, E-books, Firewood
- Plans to introduce Digital Services Tax
Rate
- Romania to cut domestic energy VAT to 5%
- Romania to lift cap for 5% preferential VAT rate on residential properties
- Romania Extends Reduced VAT Rate to E-Books
- Romania Introduces Reduced VAT Rate on Firewood
- Romania 5% reduced VAT rate on e-books 2022
SAFT
- SAF-T Romania – An overview
- SNI Webinar: How can taxpayers adapt to the new SAF-T regulation in Romania? (Slide deck and recorded session)
- Romanian SAF-T returns mandatory starting January 2022
- Five Key Questions about SAF-T Reporting in Romania
- SAF-T implementation will be mandatory for taxpayers per Jan 1, 2022 – 3 months grace period
- New deadline in Romania for submitting the first Declaration (SAF-T) for new entrants on the list of large taxpayers
- Romania SAF-T – Declarației informative D406 – Jan 2022
- Important new clarifications SAF-T and other implications of the large list of large taxpayers
- SAF-T: New entrants on the list of major taxpayers will have to submit the first Declaration 406 by 31 January 2023
- ANAF issues Order on SAF-T Reporting
- What’s new when it comes to the introduction of the SAF-T reporting system in Romania?
- Romanian SAF-T returns mandatory starting January 2022
E-Invoicing
- New documents regarding Romanian e-invoicing system
- Romania B2B RO e-invoicing eFactură 2022 registrations
- E-Factura – Romania’s New E-invoicing System
- Romania Takes the First Steps to Introduce National E-Invoicing
- Order published on the Model and Procedure for the organisation and registration in the RO e-Invoice Register
VAT Gap
ECJ Cases
- ECJ VAT C-519/21 (DGRFP Cluj) – Questions – Cooperation agreement, VAT arrears, right to deduct
- ECJ C-358/20 (Promexor Trade) – Decision – Involuntarily de-registered taxable persons liable for VAT but no right to deduct VAT
VAT Refunds
Digital Services Tax
- Romania plans digital tax on streaming services
- Plans to impose on streaming service operators, such as Netflix, HBO, Amazon Prime, a 4% tax on revenues obtained in Romania
Also in the series of ”5 major VAT Developments in … ”
