- Non-resident taxpayers registered for VAT in Romania must submit SAF-T reports beginning January 2025
- Reportable information includes sales/purchase invoices and tax codes
- SAF-T data will be used by tax authorities for reconciliation and pre-filled VAT returns
- SAF-T return is due by the last day of the month following the reporting period
- Grace period until July 31, 2025 for returns from January to June 2025
- Fines for failure to submit or incomplete/incorrect submission
- Recommendations to identify sources for automated reporting and improve reporting process to avoid discrepancies between SAF-T and VAT reporting.
Source: kpmg.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.
