On 8 July 2020, the Romanian parliament issued Law no. 114/2020 (Law 114/2020) for the approval of Government Emergency Ordinance no. 90/2020 (GEO 90/2020), regarding the tax debt-restructuring programme introduced by the Romanian government in 2019. Law 114/2020 entered into… Read moreRomania amends tax debt restructuring programme
On 1 July 2020, Government Emergency Ordinance no. 107/2020 providing for postponement of deadlines in respect to DAC 6 entered into force in Romania and was published in the Official Gazette. The deadline to report cross-border arrangements for the period… Read moreRomania opts for postponement of DAC 6 deadlines
On 25 June, Romania put into place Government Emergency Ordinance no. 99/2020 (GEO 99/2020) approving additional tax measures and deadlines extensions to support the business environment during the recovery period after the lifting of the lockdown. Extension of existing deadlines… Read moreRomania continues the implementation of tax measures to support businesses
On May 14, Romania put into place Government Emergency Ordinance no. 69/2020 (GEO 69/2020) and Government Emergency Ordinance no. 70/2020 (GEO 70/2020) implementing additional fiscal measures and deadline extensions to support the nation’s business environment. In addition, the following day… Read moreRomania introduces new tax measures in response to COVID-19
On 9 April 2020, the Romanian government approved Government Emergency Ordinance no. 48/2020 (GEO 48/2020), which implements a series of tax measures pertaining to the current crisis. This ordinance entered into force on 16 April 2020 after appearing in the… Read moreRomanian government approves additional tax measures in response to COVID-19
In a bid to support Romania’s business environment and social protection during coronavirus crisis, on 31 March the Romanian government issued two emergency decrees that create new and favourable tax measures. The decrees passed include Government Emergency Ordinance no.32/2020 for… Read moreRomania implements additional tax measures in response to COVID-19
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
