The Romanian Ministry of Finance has implemented the RO e-Transport electronic system for tracking the road transportation of high tax risk goods through Government Ordinance 41/2022. Although it was initially planned to become mandatory as of July 1, 2022, it has recently been postponed to October 1, 2022. The goal of implementing this system is to reduce tax evasion, reduce the VAT gap and prevent illegal trade.
Source: edicomgroup.com
Latest Posts in "Romania"
- Romania Considers VAT Increase to 23% in 2026 Amid Budget Revenue Concerns
- Romania Considers Increasing VAT to 23% in 2026 Amid Fiscal Pressures
- Romania Increases VAT Registration Threshold, Implements EU Small Business VAT Exemption Scheme
- New VAT Exemption Thresholds and Compliance Rules for Small Enterprises Effective September 2025
- Romania Raises VAT Registration Threshold to Align with EU Standards Amid Inflation Adjustments
