- Romanian Tax Authorities (RTA) introduce prefilled VAT returns
- RO e-VAT system collects information from various sources to prepopulate VAT returns
- Taxable persons must check and compare figures with their own records
- System goes live on 1 August 2024
- Information collected from e-invoicing, SAF-T statement, e-cash registers, e-transport system, customs information system, e-seal, and other Ministry of Finance systems
- Prefilled VAT return does not replace the need for taxable persons to submit VAT returns
- Prefilled VAT return available 5 days before deadline, reconciliation expected
- RTA to contact taxpayers with material differences between prefilled and submitted returns
- Material difference defined as at least 20% but not less than RON 1,000
- Fine of RON 2,000
- RON 10,000 for non-compliance with filing explanatory notes
- System live from 1 August 2024, fines expected from 1 January 2025 after system calibration.
Source: essentiaglobalservices.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.
