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A recent press release by the Ministry of Finance foresees the extension of tax measures that are beneficial to taxpayers in the context of the pandemic.Read article
A Ministry of Finance press release on 25.03.2021 provides for an extension of tax measures that are beneficial to taxpayers.
On 25.03.2021, the Ministry of Finance issued a communication, which provides for the extension of some of the measures to benefit taxpayers that have been adopted in the last year in the context of the Covid-19 crisis.
These measures shall aim at the following:
Another press release of 15 March from the Ministry of Finance clarifies the option of the VAT system on collection as follows: From 1 March 2021, all taxable persons whose turnover in the previous calendar year, as well as in the current year, did not exceed the threshold of 4.500.000 lei may opt to apply the VAT system upon receipt. This option may be exercised at any time during the year.