Romania: Introduction of Obligatory SAF-T Reporting from 1 January 2022
As mentioned in a previous newsletter, Romania is planning to introduce obligatory SAF-T reporting from 1 January 2022.
This will be rolled out in phases with large taxpayers being first on the list.
Previously it was announced that the Tax Authorities would provide taxpayers with a grace period of three months.
The grace period has been extended from three months to six months for large taxpayers that are obligated to submit monthly SAF-T files.
This means that the January – June period can be reported until the end of July 2022.
Work with real VAT experts
With over 15 years’ experience in the area of VAT compliance and consultancy, we handle all countries and languages where VAT obligations exist. We have a dedicated & centralized team of VAT experts, with a reputation of excellence within all global tax offices ready to speak to you about your VAT obligations.
Stay Up to Date
Each month we feature the latest news trends and topics covered by our TBI experts. For more regular news and regulatory updates follow us on LinkedIn and Twitter.
Taxback International
For over 25 years Taxback International has been a world leader in VAT consultancy and compliance providing expert support to more than 12,000 global clients including Apple, Google, IBM, and Twitter.
With increasing digitalization of global tax processes, we have developed tailored technology solutions to solve challenges facing companies today.
- Comply – End-to-end VAT compliance platform.
- TBI Pay – Streamlined cross-border payments technology.
- VAT Connect – Cloud-based, automated review of transactional data and images via AI and Machine Learning for Domestic and Foreign VAT Reclaim.
