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Automatic exchange of financial account information: a new focus for the Romanian tax authorities - Vimarsana News

Automatic exchange of financial account information: a new focus for the Romanian tax authorities

Andra Cașu and Diana Giușcă of EY Romania examine the ramifications of the country updating its legislative framework to ensure better alignment with the AEOI Standard.

Access to companies' electronic records: a revolution in Romanian tax reporting requirements - Vimarsana News

Access to companies' electronic records: a revolution in Romanian tax reporting requirements

Diana Lupu of EY Romania explains the legal obligations and practical issues resulting from the introduction and extension of the SAF-T reporting requirements.

DGI lists third case of tax evasion over $300,000 - Vimarsana News

DGI lists third case of tax evasion over $300,000

Aug 13, 2022 - The Tax Evasion and Fraud section of the General Directorate of Revenue (DGI), filed with the Public Ministry, is the third formal complaint for the alleged c

New Specialized Courts are Being Established - Vimarsana News

New Specialized Courts are Being Established

The decisions of the Judges and Prosecutors Council (“Council“) on the establishment of new specialized courts were published in the Official Gazette…

Multiple taxes will kill businesses - Vimarsana News

Multiple taxes will kill businesses

Multiple taxes will kill businesses April 6, 2021 Finance minister Matia Kasaija tabling the tax proposals Government has failed to expand the tax base. Instead, it is imposing more taxes on already overburdened taxpayers. Government has come up with a string of tax amendments, which have either introduced new taxes or increased the rates at which the current taxes are imposed. The changes are included in the Tax Procedure Code (Amendment) Bill, 2021, Traffic and Road Safety (Amendment) Bill, 2021, Excise Duty (Amendment) Bill, 2021, Income Tax (A...