This article reflects the tax rules and official information available at the date of publication. For current advice, please check the latest legislation or contact our team.
Government Ordinance no. 13 of 24 February 2021 amended the Romanian Fiscal Code and Accounting Law no. 82/1991.
Main tax changes mentioned
- The rules on deductibility of expenses related to acquisitions from suppliers in non-cooperative tax jurisdictions were reformulated.
- The VAT cash-accounting threshold of RON 4,500,000 was clarified for consistent application.
- The tax treatment of gifts and gift vouchers granted for Easter, Christmas, 1 June and 8 March was clarified.
- Employers were allowed to reimburse certain teleworking utility expenses within the legal limits applicable at that time.
Practical impact
The changes were relevant for profit-tax calculation, VAT cash accounting, employee benefits and payroll treatment. Companies needed to update internal procedures and payroll/accounting treatment starting with the effective dates provided by the ordinance.
Because several rules have changed since 2021, this article should be read as a historical update rather than current tax advice.