Romania confirms the introduction of a mandatory SAF-T file from January 2020

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The Romanian tax authorities have confirmed that they will introduce a mandatory SAF-T by the end of 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.

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