Whether it is about finding the optimal tax planning or ensuring a smooth compliance of your transactions, Ţuca Zbârcea & Asociaţii Tax is best suited to serve you, due to our team’s strength and experience and our dynamic and flexible approach to the market. We are committed to always be the adding value tax adviser, thinking outside the box of traditional audit firms.
Under Law 43/2023, the differences of principal and ancillary tax obligations established as a result of the reclassification of income from gift vouchers obtained by individuals from persons other than employers from the category of income from other sources to the category of income from salaries and assimilated to salaries are annulled. Thus, OPANAF 906/2023 approves the followingRead More
The European Commission published on 23 June 2023 a proposal allowing Romania to introduce generalised electronic invoicing starting with 1 January 2024. This procedure is necessary to allow Romania to derogate from Articles 218 and 232 of the EU VAT Directive, regarding electronic invoicing.Read More
The rules for the application of the classic and simplified payment scheduling of outstanding tax debts have been modified through GEO 20/2023, the declared purpose being to improve the collection of taxes to the state budget. Thus, regarding the classic payment scheduling we mention the following: • Scheduling of tax debts for 6 months becomes more difficult to access in the absence of guarantees. • The scheduling shall not be allowed anymore for excise duties but shall be allowed for obligations representing European funds or public national funds related to European funds. • Keeping the scheduling is conditioned also by the payment of outstanding excise duties, in maximum 30 days starting from the date the decision for payment scheduling has been communicated.Read More