Romania Launches e-TVA System with Penalty-Free Soft Launch Until January 2025. The e-TVA system automatically generates a pre-filled VAT statement for all VAT-registered businesses, based on their transaction data from various reporting obligations. Taxpayers must review the e-TVA statement and address any significant discrepancies within 20 days. A penalty-free soft launch period extends from 1 August 2024 to 1 January 2025, during which taxpayers can resolve discrepancies without facing penalties.
Source VATit
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