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29.11.2018
Tax
VAT rate reduction for the tourism and hotel sector
As of November 1, 2018, certain business activities will be eligible for a reduced VAT rate of 5 percent. In…
Cristian Meneghetti
CEO DVS Europe
14.11.2018
Tax
VAT deduction in case of tax inactivity
Recently published was the ruling of the Court of Justice of the European Union, Case C-69/17 Siemens Gamesa Renewable Energy…
Cristian Meneghetti
CEO DVS Europe
22.01.2018
Tax
Automatic exchange of information in EU
Automatic exchange of information in EU. We hereby point out that as of 1.1.2016, the Common Reporting Standard (CRS) legislation…
Cristian Meneghetti
CEO DVS Europe
10.01.2018
Tax
Split TVA – latest version (3rd part)
Concluding the exposition regarding the new Split mechanism, we recall that the Law grants the maximum period of 30 days…
Cristian Meneghetti
CEO DVS Europe
10.01.2018
Tax
Spit TVA – latest version (part 2a)
We resume with this newsletter the information referring to the TVA Split in force as of January 1, 2018. The…
Cristian Meneghetti
CEO DVS Europe
09.01.2018
Tax
Spit TVA – latest version (part 1a)
Law 275 of Dec. 27, 2017, converted Decree 23/2017 and permanently amended the regulations regarding split payment (separate payment of…
Cristian Meneghetti
CEO DVS Europe
09.11.2017
Tax
New Convention between Italy and Romania
With the publication of Law No. 78 of 2017 in the Official Gazette on June 9, 2017, the convention against…
Cristian Meneghetti
CEO DVS Europe
03.10.2017
Tax
Split payment for VAT from 1.1.2018
With the publication in the Official Gazette No. 706 of 8/31/2017 of Executive Decree No. 23/2017, the obligation to make…
Cristian Meneghetti
CEO DVS Europe
18.07.2017
Tax
The turnover tax
According to recent rumors in some specialized newspapers (Capital), the Romanian government is reportedly planning to introduce a new tax…
Cristian Meneghetti
CEO DVS Europe
12.02.2015
Tax
System advantages offered by Romania: light taxation, EU area, national currency
Recent statistical data confirm Romania as a country where local and foreign entrepreneurship finds systemic conditions to grow….
Cristian Meneghetti
CEO DVS Europe
