On 1 February 2020, Romania’s VAT split payment was cancelled according to a repeal order contained in Government Emergency Ordinance no. 78/2019 that was published in the Official Gazette on 23 December 2019. Within ten days from the cancellation of… Read moreRomania repeals controversial VAT split payment mechanism
(I) On 1 January 2020, Romania implemented changes that impact social contribution charges from certain categories of employees and individuals with non-salary income. Part-time employment agreements Based on the provisions of Law 263/2019 that amends the Tax Code (published in… Read moreRomanian reforms impact social contributions and income tax
Less than four years after the last fiscal amnesty, on 5 August, the Romanian government published a fiscal amnesty ordinance (No. 6/2019) that sets the framework for restructuring the debt of taxpayers with outstanding tax obligations and for the cancellation… Read moreRomania implements tax debt restructuring and cancels tax liabilities
