Finance & Economics

INS order no. 2353/2024 on Intrastat value thresholds for the collection of statistical information on intra-EU trade in goods in 2025, published in the Official Gazette, Part I no. 1101 of November 4th, 2024, it will enter into force on February 1st, 2025. The main provisions: ...

Nr. 45, 13-19 nov. 2024

Emergency Ordinance No. 123/2024: Fiscal Code Amendments on Beer Excise Duties

Nr. 43, 30 oct. - 5 nov. 2024

Emergency ordinance no. 123/2024 for the amendment and completion of title VIII "Excise duties and other special taxes" from Law no. 227/2015 regarding the Fiscal Code was published in the Official Gazette, Part I no. 1070 of October 24th, 2024. The main provisions: ➜ The excise duty established for ...

ANAF introduces amendments to the procedure for the automatic establishment of social contributions owed by individuals for undeclared income from 2023

ANAF order no. 6.515/2024 regarding the amendment and completion of the Order of the President of the National Agency for Fiscal Administration no. 2.547/2019 for the approval of the Procedure regarding the ex officio determination of the social insurance contribution and the social health insurance ...

State aid for farmers affected by drought. Government introduces a new grant scheme

Emergency ordinance no. 120/2024 on the establishment of a state aid scheme in the form of a grant to agricultural producers for agricultural crops affected by the soil drought from September 2023 to August 2024 was published in the Official Gazette, Part I no. 1034 of October 15th, 2024. ...

ANOFM approves procedure for canceling budgetary obligations. New facilities for debtors

ANOFM order no. 1.176/2024 for the approval of the Procedure for canceling some budgetary obligations was published in the Official Gazette, Part I no. 1040 of October 16th, 2024. This procedure applies to the budget obligations administered by the National Agency for ...

ANAF introduces Form 709 for the registration of payment service providers without fiscal residency in Romania

ANAF order no. 6.508/2024 for the approval of the model and content of form (709) „Registration application for payment service providers who do not have tax residence in Romania and to whom the obligation provided for in art. 321^2 paragraph (2) of Law no. 227/2015 regarding the Fiscal Code ...

Romania Suspends Tax Convention with Russia on Avoidance of Double Taxation. Decision Published in the Official Gazette

In the Official Gazette, Part I, no. 1.027 of October 14, 2024, the Order of the Minister of Foreign Affairs no. 2.009/2024 regarding the suspension of the application of the provisions of the Convention between the Government of Romania and the Government of the Russian Federation for the avoidance ...