The Order approves the following documents: The form and content of the Suspicious Transactions Report for banking and non-banking reporting entities; The form and content of the Report of cash transactions, in lei or foreign currency, whose minimum limit is the equivalent in RON of EUR 10,000; The form and...
The law brings clarifications regarding the extension of the application of the reduced VAT quota to other supplies of goods and services, inter-alia the main changes we emphasize the following: equipment, including heat pumps, will benefit from the application of the reduced rate; the necessary components purchased separately; the application...
Law no. 88/2023 adding new VAT exemptions, will be applicable from June 11th 2023. Such exemptions are: 1. Construction services provided to state hospital units or hospitals owned and operated by non-profit entities registered in the Public Register organized by ANAF 2. Deliveries of medical equipment, devices, materials and consumables for...
Tax-exempt sports activities A new exemption from tax and social contributions was regulated by Law 34/2023. This provides that subscriptions for sports activities paid by employers are not taxable up to an annual limit of 400 euros. The benefit will be included in the list of salary advantages for which the...
The law makes some changes/clarifications to the provisions of OG 16/2022, of which the most relevant are: Micro-enterprises: maintains the ceiling of 500 thousand euros for micro-enterprises starting from January 1, 2023, with the modification that micro-enterprises and companies that had, in 2022, total revenues of up to 1 million...
Starting with January 1, 2023, the conditions for micro enterprises are modified/completed. We insist on the following: The ceiling drops from 1 million euros per year to 500,000 euros. According to OG 16, the condition must be met on 31.12.2022 for the company to remain a micro enterprise in 2023....
New provisions regarding the fiscal risk of companies NAFA has regulated the sub-criteria of fiscal risk according to which taxpayers will be managed in the future. Through Order 2017/2022 NAFA details the general risk criteria specified in the Fiscal Procedure Code. Inter-alia the main criteria are mentioned: failing to submit of fiscal...
Order no. 1306/2022- regarding the new value of nursery vouchers: from October 2022 to March 2023, the value of a nursery voucher will be 570 lei. Law 273/2022- regarding the increase of the unemployment allowance. According to art. 39. Para. 2, lit. a from Law 76/2002, the compensation will be set...
CORPORATE INCOME TAX: - The list of assets for which the tax exemption of reinvested profit is applied is extended, in the sense of adding assets for refurbishment. These assets will be defined by order of the Ministry of Finance - There is no change in the corporation tax quota – 16% DIVIDEND...
The e-Transport application is accessible to taxpayers through the Virtual Private Space, being regulated the fact that good with fiscal risk must be reported, under certain conditions, only if vehicles with at least 3.5 tons are involved. The system is mandatory from July 1, 2022, but fines for non-compliance can...
