On 15 May 2019, the European Court of Justice published a ruling in the case of Vega International. This case is likely to, once again,...

The 10,000 € threshold for e-services entered into force on 01/01/2019. In principle, the place of supply of telecommunications,...

Romania’s Chamber of Deputies (lower house of Parliament) on July 9 approved the amended draft of a law on the taxation of offshore oil...

According to Order no. 3604/2015 for the approval of guidelines for the correction of material errors in Value Added Tax returns, VAT...

Starting Thursday, May 17th, any natural person who realizes income from economic activities or other categories of income, has the...

In accordance with earlier cases relative to A-B-C transactions, the ECJ ruled that the first sale (by A) may not be zero-rated where C...

The EU has announced the removal of eight jurisdictions from its tax blacklist. On January 23rd, the European Council agreed to delist...

Markus J Beyrer, Director General of Business Europe, has expressed concerns about the proposed introduction of a European Union turnover...

The European Commission is set to release a report this week on corporate tax reform. According to news reports, it will recommend that...

During the autumn meeting of the VAT Club, held on the 22nd of September in Vienna who was attended by our VAT Partner Raluca Tutu, one...

In brief Government Ordinance no. 30/2017 for amending and supplementing Law no. 207/2015 on Fiscal Procedure Code was published in the...

So, what does the Government Ordinance bring new? First of all, a new partial deductible expense was added to the list for computing the...

Recent concerns have arisen from several Member States that the current common fiscal marker used for industrial fuel is easy to remove...

Moreover, on June 9th, 2017, Romania adopted Law no. 124 through which it became an associate member of the OECD’s BEPS plan, thus...

Causes and effects of tax evasion The tax evasion is determined by the action of various factors, the most important being: the existence...

Moreover, there will be a database through which tax authorities within the Member States of the European Union will exchange this...

In 2017 a new Government was elected and, of course, the Tax Reform had to continue. The different perspective of the new Governance...

The initiative is also seen as a mechanism of tax deductions for households, as currently the Romanian Fiscal Code does not include the...

to transpose a series of tax treaty measures from the OECD/ G20 BEPS Package into existing bilateral and multilateral tax agreements and...

Based on the latest governance programme, one of the Government’ s objective is to reduce taxpayers’ excessive administrative tasks,...