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...

Considering that, in addition to the commercial operations performed with entities located in countries of the Community, the firms in our country also carry out commercial transactions with partners from other customs territories, operations that involve the two specific flows: export and...