Romania gazettes income tax treaty suspension with Belarus
Romania has issued Order no. 2.412 of 6 November 2024 in the Official Gazette, announcing the suspension of the 1997 income and capital tax treaty with Belarus, effective from 12 November 2024. Earlier, the Romanian government approved a
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Romania approves signing of new tax treaty with UK
Romania’s government has approved the signing of a new income tax treaty with the UK on 7 November 2024. This new income tax treaty will supersede the existing Romania - United Kingdom Income Tax Treaty of 1975. Previously, on 18 October
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Romania issues registration forms for non-resident payment service providers
Romania’s tax authorities issued Order No. 6508/2024, which introduces Form 709 for requesting tax registration for non-resident Payment Service Providers with reporting obligations in Romania under the Amending Directive to the VAT Directive
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Romania approves protocol to tax treaty with Malta
Romania’s government approved the amending protocol to the 1995 income tax treaty with Malta on 9 October 2024. Earlier, the two nations signed an amendment protocol to the original income tax treaty on 4 July 2024. The protocol aligns the
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Romania, Andorra sign income tax treaty
Romania and Andorra signed an income tax treaty on 27 September 2024. This treaty, the first between the two nations, aims to prevent double taxation. It will take effect once the ratification instruments are exchanged. Andorra has established
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Romania gazettes tax amnesty procedure
Romania’s Ministry of Finance published Order No. 5521/2024 in Official Gazette No. 944 outlining the procedure for implementing the tax amnesty established by Government Emergency Ordinance (GEO) No. 107/2024 without introducing any significant
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Romania suspends tax treaty with Belarus
Romania’s government approved a memorandum on 18 September 2024 suspending the 1997 income and capital tax treaty with Belarus. This decision comes in response to Belarus's suspension of specific articles of its tax treaties with 27 countries,
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Romania grants tax amnesty for interest and penalties on unpaid taxes
The Romanian government enacted an Emergency Ordinance on 4 September 2024 to regulate fiscal and budgetary measures to address the budget deficit. The Emergency Ordinance also includes proposed measures aimed to enhance budget claims collection
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Romania enacts RO E-VAT Compliance Notice
Romania’s government published Order No. 6234/2024 in Official Gazette No. 887 on 3 September 2024. The Order outlines the layout and content of the RO e-VAT compliance notice and the associated transmittal procedure. Earlier, Romania’s
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Romania proposes RO E-VAT compliance notice
Romania’s tax authority published a draft bill on 20 August 2024 regarding the layout and content of the RO e-VAT compliance notice. Romania’s government published a draft bill on 27 June 2024, detailing revisions to the layout and content of
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Romania suspends tax treaty with Russia
Romania’s government passed a memorandum to suspend the 1993 income and capital tax treaty with Russia on 14 August, 2024. This decision follows after the Russian Ministry of Foreign Affairs, in a press release on 15 March 2023, declared to
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Romania enforces ex officio changes to taxpayers’ register
Romania has published Order No. 3792/2024 in Official Gazette No. 774, on 7 August 2024,outlining the procedure for amending the Taxpayers' Register ex officio when taxpayers fail to fulfil their obligation to update their information. The tax
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Romania gazettes details of prefilled VAT returns
Romania’s government has issued Order no. 3775/2024, which approves the layout and content of the prefilled VAT return. The Order No. 3775/2024 was published in Official Gazette No. 726 on 24 July 2024. Earlier, the government published a
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Malta, Romania sign amending protocol to tax treaty
Malta and Romania signed an amending protocol to the 1995 Malta-Romania Income Tax Treaty on 4 July, 2024, aiming to enhance the original tax treaty between the two countries on the avoidance of double taxation and the prevention of fiscal
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Romania proposes amended prefilled VAT return format, content
Romania’s government published a draft bill on 27 June, 2024, detailing revisions to the layout and content of the prefilled VAT return. The prefilled e-VAT return follows the government’s Emergency Ordinance No. 70/2024, which was published
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Romania expands e-invoicing to B2C transactions
Romania’s Ministry of Finance has released Urgent Ordinance 69/2024 on 21 June, 2024, which expands the country's electronic invoicing (e-invoicing) mandate to business-to-consumer (B2C) transactions. Starting 1 July, 2024, all B2C transactions
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Romania revises CRS guidance on OECD FAQs
To aid financial institutions in complying with their reporting requirements, The National Agency for Fiscal Administration (ANAF) has established a dedicated section on its portal for the automatic exchange of information on direct taxes. ANAF,
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Montenegro-Romania social security agreement to be enforced from 1 June 2024
The bilateral social security agreement between Montenegro and Romania is slated to come into force on 1 June, 2024. Signed on 22 July, 2022, the agreement indicates a positive step towards enhancing social security cooperation between
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