Tax & Legal Alerts

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Amendments to the settlement procedure for returns with negative amounts of VAT requested for reimbursement
[Published: 13.04.2014]
The Procedure concerning the settlement of returns with negative amounts of VAT requested for reimbursement has been amended and supplemented by Order no. 491/2014 of the Ministry of Finance, published on 7 April 2014.
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Competition Law Republished
[Published: 09.04.2014]
Competition Law no. 21 dated 10 April 1996 (the “Competition Law”) was recently republished.
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New level of the specific excise duty for cigarettes
[Published: 27.03.2014]
Government Decision no. 196/2014 approving the specific excise duty for cigarettes will enter into force as of 1 April 2014.
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New amendments regarding the Fiscal Code
[Published: 11.03.2014]
Government Emergency Ordinance No. 8/2014 dated 26 February 2014 for the amendment and supplement of various legislative acts and other fiscal-budgetary measures was published on 28 February 2014.
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New amendments to the Tax Procedure Code
[Published: 06.03.2014]
Government Emergency Ordinance No. 8, regulating tax matters and amending certain legal acts (“the Ordinance”), was published on 28 February 2014.
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New regulations on the sale of agricultural land outside buildable areas
[Published: 06.03.2014]
The new legal provisions mainly regulate the preliminary procedure for the sale of agricultural land located outside buildable areas and the pre-emption right applicable for such purchases.
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New methodology for calculating Environmental Fund contributions and taxes
[Published: 24.02.2014]
This new regulation establishes the method by which contributions and taxes have to be calculated, declared and paid to the Environmental Fund.
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Decision amending and supplementing the Norms for the application of the Fiscal Code
[Published: 18.02.2014]
Decision amending and supplementing the Norms for the application of the Fiscal Code on corporate income tax, micro-enterprise income tax, withholding tax on revenues derived from Romania by non-residents, value added tax and excise duties.
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Amendments to the Banking Ordinance
[Published: 13.01.2014]
GEO no. 113/2013 on budgetary measures, amending and supplementing GEO no. 99/2006 on credit institutions and capital adequacy, was published in the Official Gazette no. 830 dated 23 December 2013
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New law amendments regarding VAT warehouses
[Published: 13.01.2014]
Companies which commercialise certain types of goods, such as grain, raw sugar, aluminum, grains and oilseeds and mineral oils, can obtain a VAT warehouse authorisation.
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New amendments regarding Environmental Fund contributions
[Published: 09.01.2014]
A new Law regarding Environmental Fund contributions has been introduced.
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Amendments brought to the Fiscal code and other legislative acts
[Published: 19.12.2013]
Government Emergency Ordinance no. 111/2013 regulating fiscal measures and amending legislative acts
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Notification of the new EFA inspection measures for the payment obligations to the Environmental Fund
[Published: 15.12.2013]
The Environmental Fund Administration (EFA)
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National Strategy on Waste Management 2014 - 2020
[Published: 05.12.2013]
The Romanian Government has adopted Decision no. 870
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Releasing guarantees provided by authorised warehousekeepers
[Published: 03.12.2013]
The Ministry of Finance published Order no. 1920/2013 on 3 December 2013
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Minimum wage levels for 2014
[Published: 26.11.2013]
Government Decision no.871 / 2013 on the guaranteed gross minimum wage
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Deferment of VAT payment due for imported goods
[Published: 25.11.2013]
The norms have been published regarding the procedure for issuing a certificate for deferment of import VAT
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New amendments to the Fiscal Code
[Published: 21.11.2013]
Government Emergency Ordinance no. 102/2013 amending the Fiscal Code and regulating financial and fiscal measures
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Excise level for fermented beverages
[Published: 20.11.2013]
On the 19th of November 2013, it was published Law no. 303 / 2013
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New declaration measures for non-EU borders
[Published: 17.11.2013]
National Agency for Fiscal Administration Order no. 3,447 /2013 on defining the occasional nature of goods brought into Romania
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Amendments to the supervision of financial institutions
[Published: 12.11.2013]
Law no.272/2013 was published in the Official Gazette
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Industrial Emissions
[Published: 04.11.2013]
The Romanian Parliament has adopted Law no. 278 with respect to industrial emissions
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Amendments regarding the annulment by default of the VAT registration
[Published: 30.10.2013]
Amendments regarding the annulment by default of the VAT registration
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Tax on exploitation of mineral resources, other than natural gas
[Published: 09.10.2013]
Law no. 262 / 2013 amending Government Ordinance no. 6 / 2013
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Amendments to the land tax
[Published: 08.10.2013]
Law 262/ 2013 amending the Fiscal Code was published on 7 October 2013 and enters into force on 1 January 2014.
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Personal tax status inspections of individuals
[Published: 24.09.2013]
Ministry of Public Finance Order no. 1504 establishing the model for the statement of assets and…
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Amendments to Form 394
[Published: 17.09.2013]
Ministry of Public Finance Order no. 2986 (“Order”) amending the National Agency for…
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New criteria for the classification of computer software creation activities
[Published: 12.09.2013]
Ministry of Labour, Family, Social Protection and Elderly, Minister for Information Society and Minister…
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Amendments to the Fiscal Code and Fiscal Procedural Code
[Published: 06.09.2013]
Amendments to the Fiscal Code and Fiscal Procedural Code
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Amendments to Environmental fund contributions
[Published: 03.09.2013]
Amendments to Environmental fund contributions
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Clarifications regarding the application of the reduced 9% VAT rate
[Published: 30.08.2013]
Clarifications regarding the application of the reduced 9% VAT rate
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Amendments to the Fiscal Code Norms
[Published: 28.08.2013]
Government Decision no. 613 / 2013 amending the Fiscal Code Methodology Norms was published on 22 August…
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Fiscal Code amendments
[Published: 06.08.2013]
Government Ordinance no. 16/2013 amending the Fiscal Code was published on 2 August 2013.
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Updated tax rates for mining activities
[Published: 23.07.2013]
Government Decision no. 463 / 2013 was published on 16 July 2013 (“the Decision”), updating.
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Changes to the instructions for filling in and submitting Form 101 for PEs
[Published: 19.07.2013]
ANAF President Order no. 878/2013 has been published (“the Order”), amending Order 1950/2012
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Amendments to stamp duties regime
[Published: 17.07.2013]
Government Emergency Ordinance no. 80/2013 regarding stamp duties was published on 29 June 2013
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New provisions on the de minimis schemes available for investments made by SMEs
[Published: 17.07.2013]
Government Decision no. 453/10.07.2013 (“GD 453/2013”) on amending and supplementing the...
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New provisions on industrial parks
[Published: 16.07.2013]
Law no. 186/2013 on establishing and functioning of industrial parks (“Law 186”) has been…
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Practical Guide for the application of IFRS rules
[Published: 03.07.2013]
Finance Ministry Order no. 814 / 2013 dated 28 June 2013 approved the Guide on the fiscal treatment…
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Latest amendments to public procurements legislation
[Published: 02.07.2013]
Law no. 193/2013 approving Government Emergency Ordinance no. 77/2012 regarding the amendment and completion…
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Amendments to Ordinance no. 92/2003 regarding the Fiscal Procedural Code and to Emergency Ordinance no. 29/2011 regarding the deferral of payment
[Published: 17.06.2013]
Government Emergency Ordinance no. 50/2013 regarding several fiscal measures (the “Ordinance”)…
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Amendments to the Fiscal Code and Fiscal Procedural Code
[Published: 31.05.2013]
Law no. 168 / 2013 approving Government Ordinance no. 8 / 2013 amending the Fiscal Code was published…
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New provisions regarding conflicts of interest in public procurement
[Published: 24.04.2013]
Government Decision no. 183/2013 on the amendment of Government Decision no. 925/2006 (“GD 183/2013”)
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Law no. 72/2013
[Published: 09.04.2013]
The law on combating late payments under contracts between economic operators and between them and contracting…
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Law on combating late payments in commercial transactions
[Published: 05.04.2013]
The law on combating late payments under contracts between economic operators and between them and contracting…
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Increased penalties for tax evasion
[Published: 28.03.2013]
Law no. 50/2013 amending Law no. 241/2013 on preventing and fighting tax evasion (hereinafter “the…
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Amendments to the Fiscal Code Norms
[Published: 26.03.2013]
Law no. 50/2013 amending Law no. 241/2013 on preventing and fighting tax evasion (hereinafter “the…
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Amendments to the tax liabilities rescheduling procedure
[Published: 21.03.2013]
Government Emergency Ordinance no. 12/2013 (hereinafter the “Ordinance”) regarding certain…
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Transport monitoring of European Union (“EU”) member states goods
[Published: 20.03.2013]
With the goal of monitoring goods considered to have a high tax risk, the Romanian Tax Authorities (“RTA”)…
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State Budget Law and Social Security Contributions Law for 2013
[Published: 28.02.2013]
The 2013 State Budget Law (Law 5/2013) and the State Social Security Budget Law (Law 6/2013) have been…
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Supreme Court decision on banking credit agreements
[Published: 26.02.2013]
On 21 February 2013, the online publication Juridice.ro published an excerpt from the Supreme Court…
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Procedure for registration of agreements for filing and payment of social security contributions
[Published: 04.02.2013]
ANAF Order no. 17 / 2013 (“the Order”) was published on 16 January 2013, approving the procedure…
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Tax on additional income derived further to the deregulation of the natural gas price
[Published: 01.02.2013]
Government Ordinance no. 7 / 2013, imposing a tax on additional income derived further to the deregulation…
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Tax on exploitation of mineral resources, other than natural gas
[Published: 01.02.2013]
Government Ordinance no. 6 / 2013, imposing special taxation measures for companies deriving income…
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Option of annual profit tax reporting and payment system (return 012)
[Published: 08.01.2013]
ANAF president Order no. 1 1994/2012 (“the Order”) published on 7 January 2013
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