Our collection of news is focused on international tax and transfer pricing.
Type: Legislation On June 28, 2024, the Romanian government approved an emergency ordinance to amend regulations related to e-Transport, e-VAT, and e-Invoice. The Ministry of Finance announced that penalties for […]
Type: Legislation The Romanian Ministry of Finance has announced plans to extend its B2B e-invoicing regime to B2C transactions from 1 January 2025. Starting July 2024, B2C e-invoicing will be […]
Type: Legislation Romania’s eFactură 2024 Initiative, introduced in January, has extended its penalty relief phase till 31 May, as outlined in a draft emergency ordinance on 23 March. The initiative […]
Type: Legislation Romania is set to revolutionize invoicing with a mandatory B2B e-invoicing regime from January 2024, backed by a user guidance manual covering registration, system access, and more. The […]
Type: Legislation Big changes are on the horizon. Starting January 1, 2024, mandatory reporting of invoices for the first half of the year will begin, with no penalties for the […]
Type: Legislation Romania has gained EU approval to mandate electronic invoicing in B2B transactions, effective January 1, 2024. Sole acceptance of .xml format invoices by the Romanian tax administration is […]
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