16 October 2019
The Romanian tax authorities have confirmed that they are on track to introduce a mandatory SAF-T by the end of 2020, and will proceed with a pilot scheme for large taxpayers from January 2020
The SAF-T file, which is a way for the tax authorities to exchange VAT data with businesses in a more secure, accurate and efficient way, will be mandatory for all VAT registered businesses.
These files are already in use in several EU countries including Poland, Portugal, Austria, Luxembourg, France and Lithuania. Hungary is also planning to introduce SAF-T in 2021.
LATEST NEWS
Romania Proposes Fixed Levy on Low-Value E-Commerce...
Romania has proposed the introduction of a fixed charge on certain low-value consignments, valued under €150, entering the country from outside the European...
SEE MORE
LATEST NEWS
France Proposes €2 Customs Charge on Low-Value...
In October 2025, the French government unveiled its 2026 Finance Bill, which has been submitted to the National Assembly for debate before moving to the Senate...
SEE MORE
LATEST NEWS
Ireland to Introduce Mandatory E-Invoicing for...
Ireland has confirmed plans to implement a mandatory electronic invoicing regime for business-to-business (B2B) transactions, starting 1 November 2028. This...
SEE MORE