Changes brought to the reporting obligations on non-harmonised excise duties

In the Official Gazette no. 609 from the 1st of October 2013 the Order of the President of the National Tax Administration Agency (ANAF)  no. 3136 / 2013 for the amendment of the ANAF Order no. 1950 / 2012 regarding the approval of the model and content of the forms used for declaring taxes under a self-assessment regime or withholding regime has been published.

The new order brings changes in respect of the obligations reported through the 100 form, by introducing new reporting obligations for excise duties.

In order to allow the compliance with the new excise duties introduced in the legislation as of 01.09.2013, the order states that these excises will be reported through the form 100 (for example,  the excise duties for vehicles and all-terrain vehicles with an engine capacity of  min. 3,000 cmc).

Exchange rate for excise duties

We would like to take this occasion to inform you that starting with 01.01.2014, the exchange rate used for determining the excise duties owed to the state budget, both for harmonized and non-harmonized excise duties will be 4,4485 RON / EUR, as compared to 4,5223 RON/EUR for the year 2013.

Interest rate used for calculating the deductible limit of interest expenses

We would also like to inform you that for the 3rd quarter of the year 2013, the limit of deductibility for expenses related to the interest associated to loans in RON is 4.5%, decreasing from the value of 5.25% used in the first two quarters of the year 2013.

TAX ALERT by Mazars Consulting / MAZARS ROMANIA

* Note: You may find Romanian, German and French versions of the newsletter in Mazars’ archive

* TAX ALERT contains a selection of the latest major issues occurred in the Romanian legislative framework, is intended only to provide information and, hence, shall not be deemed to provide professional advice or consultancy.  Therefore, we assume no responsibility in this respect.


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