In the context of the legislative changes at the end of 2012 regarding the value added tax, changes that came into force on January 1, 2013, we will critically analyze the extent in which the new imposed system follows the VAT taxation principles and who will benefit from this system. In this...

The cash accounting system for VAT has been implemented in Romania as of 1 January 2013 and now turns one year of application in Romania. Since its implementation the system has sparked controversy, being harshly criticised by professional accountants in Romania and elsewhere. Criticisms mainly...

In the context of the deep changes imposed by our country's integration into the European Union, it is well known that tax law has undergone substantial changes, especially in terms of value added tax. However, with the coming of the financial and economical crisis in Romania, the authorities...