- Amendments to Romania’s B2B e-invoicing mandate have been approved
- The amendments can be summarized in 3 categories: exemptions from the e-reporting and e-invoicing mandate, new deadline to report e-invoices, and penalties for non-compliance
- Exemptions include certain types of transactions and services
- From July 2024, there is a 5-calendar day deadline to report e-invoices
- Penalties for non-compliance include fines based on the total invoice amount and classification of the taxpayer
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Romania"
- Transfer Pricing Adjustments and VAT Implications: Impact of Recent CJEU Decisions
- Romania Introduces New VAT Informative Statement Requirements
- Romania Proposes Ending VAT Exemption for NGOs’ Hospital-Related Supplies
- Romania Updates VAT Return Form to Reflect New Rates Effective August 2025
- FINTUA Global VAT Guide for September 2025
