- Romania received approval from the European Commission to replace the PNRR milestone on reducing the VAT gap, avoiding a potential loss of up to 1 billion euros in grants in 2026.
- The new milestone focuses on structural and legislative measures to strengthen ANAF’s institutional capacity and improve tax collection and administration.
- The reform emphasizes digitalization, performance-based culture, and modernization of ANAF, aiming for a fully digital institution within two years.
- The milestone replacement ensures continued access to EU funds and supports sustainable fiscal reforms, enhancing Romania’s credibility with European partners.
- Key measures include institutional reorganization, improved insolvency legislation, and modernization and interconnection of IT systems.
Source: mfinante.gov.ro
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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