- Romanian authorities have extended the period for businesses to forward electronic invoices without penalties
- Electronic invoicing obligations for business-to-business transactions were launched on January 1, 2024
- Penalties for failing to meet reporting deadlines will be delayed until January 1, 2025
- Cultural institutions must issue electronic invoices for business-to-consumer supplies starting July 1, 2025
- Deadline for justifying VAT differences in pre-filled returns extended to January 1, 2025
- Verification period for pre-filled VAT statements extended to 20 days
- Different penalty rates will be charged based on the category of taxable person
Source: answerconnect.cch.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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