The Romanian government has approved a draft law that aims to curb tax evasion by imposing stricter penalties for economic operators who do not issue tax receipts or hold unjustified amounts in cash registers.
The fines vary depending on the amount and percentage of the unjustified cash found in the cash registers, as well as the number of previous offenses committed within 12 months (in the case of multiple offenses, the penalties are higher).
Source: www.fiscal-requirements.com
Latest Posts in "Romania"
- Tax Evasion and Illegal VAT Refund Scheme Causes Over 30 Million Lei Damage, 32 Locations Raided
- Romania E-Invoicing 2024: Key Deadlines, ANAF Requirements, and Simplified RO e-Factura Connectivity
- Romania Updates Pre-Filled VAT Forms to Reflect New Rates Effective August 2025
- Romania Centralizes VAT Refund Approvals, Shifts Authority to County-Level for Enhanced Oversight
- Major Reset of RO e‑VAT Compliance Notices and Pre‑Filled VAT Controls
