Two Minister of Public Finance Orders have been published regarding the application of the new split VAT system - no. 2540 on the issuance of account statements by the Treasury and no. 2541 on the introduction of electronic multiple payment orders.
1. The issuance of account statements by the Treasury
Entities with State Treasury accounts for receiving and making VAT split payments will be issued electronic account statements (in PDF and XLM format), free of charge. Dedicated VAT account holders with digital certificates will be able to view and download account statements electronically, by accessing the "Electronic tax return filing" system. Public institutions will also be able to view and download electronic account statements via the Forexebug national reporting system.
Taxpayers that do not wish to opt for viewing / downloading account statements electronically will be required to submit a request in writing to the state treasury unit where they hold an account. If such a request is not submitted, the taxpayer will be deemed to have given consent implicitly.
Account holders will also be required to confirm in writing to the Treasury the accuracy of their accounts balance within 10 business days as of the end of each year.
2. Electronic multiple payment order
Entities with State Treasury accounts for receiving and making VAT split payments will be able to use electronic multiple payment orders (EMPO) to make payments to other VAT accounts, i.e. either for the payment of VAT to the state budget or for the payment of VAT to supplier.
The EMPO form will be available online for download, completion and submission by accessing the "Single Access Point" on the website of the Ministry of Public Finance - National Forexebug Reporting System. The deadline for EMPO submission for them to be processed and recorded in Treasury accounting the same working day will be published on the Public Finance Regional General Directorates website and displayed at the State Treasury units’ headquarters.
Taxpayers with VAT split payment accounts at the Treasury will be able to receive electronic account statements and make VAT payments from these accounts using electronic multiple payment orders. Any other amounts (e.g. the VAT taxable base to be paid to suppliers, the VAT to be paid to suppliers by non-VAT payers) will still need to be paid using individual (non-electronic) payment orders, to be submitted to the Treasury in hard copy.