The Romanian tax authorities have announced that the split payment system applies
only to taxable persons:
– With VAT liabilities above 15 000 RON for large taxpayers, 10 000 RON for medium-
sized and 5 000 RON for other taxpayers; and
– Under an insolvency procedure.
Non-resident companies registered for VAT purposes, even when not qualifying nor
having opted to apply the system must still be careful when making payments to their
suppliers regarding invoices with Romanian VAT.
In case the supplier applies the system, the VAT amount must be wired to the VAT
account and the net amount to the supplier’s bank account. A daily penalty of 0.06% of
the incorrect amount wired to the supplier may be imposed.
Source: http://www.vatsystems.eu/