Government emergency ordinance no. 50/2015, published in the Official Gazette no. 817 of 3 November 2015, highlights amendments brought to laws no. 227/2015 and 207/2015 regarding fiscal codes. Taxand Romania provides an overview.
Several fiscal code amendments were announced, including:
The provisions of the emergency ordinance will enter into force on 1 January 2016.
Taxpayers in Romania should take note of this update to ensure they remain compliant and don’t miss out on any opportunities presented by the changes.