ANAF has recently published the Guide to Directive 2011/16/EU on Administrative Cooperation in the Field of Taxation (DAC7) providing important insights into the legal framework surrounding tax transparency in Romania. This guide focuses on the obligations of digital platform operators in Romania, aligning with the DAC7 directive to enhance cross-border tax cooperation and reporting. It addresses requirements for platform operators to report income earned by sellers, including individuals and businesses, operating on their platforms and aims to ensure that all taxable activities within the European Union, including Romania, are reported accurately.
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ANAF has published an official Guide concerning the implementation of DAC7 in Romania
Romania
Author: Tara Nedeljkovic
Category:
General subject related
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221
Content accuracy validation date:
28.09.2024
Content accuracy validation time:
13:23h
Other news from Romania
Additional clarifications from Romanian authorities on handling simplified invoices with additional data needed from 2025.
Romania
Author: Tara Nedeljković
Starting January 2025, simplified invoices in Romania for both B2B and B2C transactions must include additional details, such as the VAT or tax identification code of the beneficiary, and be submitted to the e-Invoice system unless classified as tax receipts. Read more
Key amendments and e-invoicing updates in Romania approaching 2025.
Romania
Author: Tara Nedeljković
Romania's Ministry of Finance has proposed updates to e-invoicing regulations, set to take effect in January 2025, including eliminating the obligation to use RO e-Invoice for certain non-taxable transactions outside Romania. The draft law introduces mandatory e-invoicing for simplified invoices while exempting tax receipts issued via fiscal devices and intra-community deliveries exempt from VAT. Read more
Clarifying Romania's e-invoicing requirements and how they impact B2C transactions in 2025
Romania
Author: Tara Nedeljković
Romania's e-invoicing requirements for business-to-consumer (B2C) transactions, effective January 1, 2025, mandate the submission of invoices in the RO e-Invoice system only for specific cases defined by law. Read more
The QR code requirement on fiscal receipts status and deadline announcement by the Romanian government
Romania
Author: Tara Nedeljković
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New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
Public
All countries
Author: Kristina Dosen
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
Updates for vending machine cash register compliance in Romania—specific postponement published
Romania
Author: Tara Nedeljković
Romania has extended the deadline for penalties related to equipping vending machines with electronic fiscal cash registers until December 31, 2024, but only for operators who have signed contracts for purchasing and installing these devices by that date. Read more
A proposal for VAT in the digital age (ViDA) has been approved.
Public
Author: Nikolina Basić
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