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July 2015 tax amendments

Romania

During July 2015, a number of  amendments were made to Romanian tax regulations. Taxand Romania provides an update on the key changes.

Amendments and completions brought to certain normative acts 

Law no. 186/2015 published in the Official Gazette no. 495 of 7 July 2015

  • The Law approves, with certain amendments and completions, the government emergency ordinance no. 8/2015 amending GEO 28/1999 regarding the obligation of the economic operators to use the electronic fiscal cash registers
  • Thus, all references to tips and personal cash register are repealed

Amendments and completions brought to the Fiscal Code

Law no. 187/2015 published in the Official Gazette no. 499 of 7 July 2015

  • The present law approves the government emergency ordinance no. 6/2015 for the amendment and completion of the fiscal code, with certain amendments and completions
  • Starting 10 July 2015, we have new criteria for definition of the independent activity
  • Thus, the independent activity is: 'any activity performed by an individual with the purpose of obtaining income'

Discover more: July 2015 roundup of tax amendments


Your Taxand contact for further queries is:
Angela Rosca
T. +40 21 316 06 45
E. angela.rosca@taxhouse.ro

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Taxand's Take

Multinationals with operations in Romania should familiarise themselves with the legislative developments and make any changes necessary to their business procedures to remain compliant.

Taxand's Take Author

Angela Rosca
Romania

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