VAT adjustment is an essential process to ensure compliance with tax legislation and to avoid possible fines or penalties. Fiscal audits often focus on verifying the correctness of VAT declarations and the manner in which deductions and related adjustments are made. These checks take place in order to prevent tax evasion, ensure compliance with tax legislation and correct any errors or abuses.
Source contabilul.manager.ro
Latest Posts in "Romania"
- Romania Approves Prefilled VAT Return Under Order 2351/2025
- Romania Repeals NGO VAT Exemption, Raises VAT and Dividend Tax Rates
- New ECJ VAT Case T-680/25 (Mercedes Benz) – No details known yet
- Romania Increases Reduced VAT Rate on Agricultural Products and Services to 11%
- Romania Delays E-Invoice Requirement for Farmers and Cultural Institutes Until June 2026