Romania has incorporated DAC8 into national law through GEO No. 71/2025, introducing new rules for reporting e-money and crypto assets, and for cross-border tax rulings, while aligning with OECD standards to strengthen tax transparency and compliance.
Romania has published the Government Emergency Ordinance (GEO) No. 71/2025 in the Official Gazette No. 1146 on 10 December 2025, implementing the 2023/2226 Amending Directive to the 2011 Directive on Administrative Cooperation (DAC8) into its national law.
The ordinance updates the Fiscal Procedure Code (Law No. 207/2015) and establishes new rules to enhance tax transparency and cooperation.
DAC8 introduces mandatory reporting and the automatic exchange of information on crypto-asset transactions to strengthen the fight against tax evasion and fraud. This directive introduces new reporting and due diligence obligations for crypto-asset service providers. The European DAC8 Directive aims to increase transparency regarding crypto asset ownership, which will help combat tax avoidance and evasion more effectively. It also facilitates enhanced information exchange on cross-border rulings for high-net-worth individuals and sets penalties and compliance measures for reporting obligations.
Under DAC8, Romania will now require the reporting and exchange of information on e-money and crypto assets, as well as on cross-border rulings involving high-net-worth individuals. The ordinance also introduces compliance measures and penalties for entities that fail to meet these reporting obligations.
