Tax Flash no. 44
20 November 2020
Law no. 248/2020 for the amendment of art. 291 of Law no. 227/2015 regarding the Fiscal Code
In the Official Gazette no. 1079 of November 13th 2020 was published the Law 248/2020, which will enter into force on January 1st 2021.
According to the law, is amended the provision related to the scope of the 5% reduced VAT rate. Therefore, starting January 1st 2021, the threshold up to which reduced VAT rate homes can be purchased, increased from 450.000 RON to 140.000 Euro (equivalent in RON).
Order no. 3896/2020 for the approval of the Procedure for granting the schedule for payment by the central fiscal body, as well as for the amendment of annex no.2 of the Order of the president of NAFA no. 90/2016 for the approval of the content of the request for granting the schedule for payment and the supporting documents annexed, as well as of the Procedure for the application of the schedule for payment by the central fiscal body
In the Official Gazette no. 1104 of November 19th 2020 was published the Order no. 3896/2020 which entered into force on the same day.
In the Order is approved the Procedure of granting the schedule for payment by the central fiscal body, in simplified form, for the main fiscal obligations and ancillaries due after the date of declaring the state of emergency. The approved forms, including the application of schedule for payment, are provided in the annexes of the Order.