Tax facilities - new time limits

The fiscal amnesty regulated by Emergency Government Ordinance no. 69/2020 which approved the tax facility consisting in the cancelation of interest, penalties and other ancillary amounts related to the main obligations overdue on 31 March 2020 has been extended. To benefit from this facility, the taxpayer must submit to the competent tax body a request for the cancelation of ancillary amounts.

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Reverse charge for the import of electronic devices

Beginning with 2021, the reverse charge mechanism is applied to the import of certain electronic devices, by showing the tax in the VAT statement both as a collected tax, and as a deductible tax for:

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Declaration of income obtained by non-residents in 2020

For the non-residents who obtain taxable income in Romania, the income payer is required to calculate, withhold, declare and pay income tax.

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Subsidies received from ANOFM

The Government Emergency Ordinance (OUG) No 132/2002 regulated a financial aid amounting to RON 2,500 to support the employers who adopted teleworking in their activity. This amount is the maximum amount granted for each employee, which the employer may receive in order to purchase the goods required for carrying out its activity by teleworking.

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Amendment to the Accounting Law

After a long series of public debates, an amendment in relation to accounting reports was adopted and published in the Official Gazette no. 1041 of 6 November 2020, which promulgated the amendment of Article 28(2) of the Accounting Law, as regards the obligation of economic operators to prepare and submit financial statements and accounting reports.

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The family physician visa for medical leaves prescribed by medical specialists is no longer required

Order no. 1092/745/2020 amending and supplementing the medical certificate template as described below was published in the Official Gazette no. 583 of July 2, 2020.

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