- Romania’s Law No. 177/2026 cancels certain historical VAT debts, including related interest and penalties, for tax periods from 1 January 2019 until the law takes effect.
- The relief mainly applies to taxpayers whose VAT registration was cancelled by authorities for inactivity, failure to file VAT returns, or declaring zero activity.
- It also covers certain agricultural cooperatives, cancelling VAT liabilities linked to input VAT deductions for agricultural machinery purchases made from 9 January 2024 onward.
- Amounts already paid or offset can be refunded if the taxpayer requests it.
- The cancellation does not apply if VAT was separately shown on invoices or actually collected from customers.
Source: teaha.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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