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.
The Ministry of Finance approved rules for settling negative VAT returns with refund option. Under the procedure applicable at the time, VAT was generally refunded with a subsequent tax inspection, except in cases expressly regulated by law.
Large and medium taxpayers
For large and medium taxpayers, an early tax inspection before the VAT refund was required only in specific situations, such as fiscal-record issues, risk of an undue refund, voluntary liquidation or insolvency.
Small taxpayers
For small taxpayers, an early inspection could also apply when the taxpayer submitted the first negative VAT return with refund option or when the requested negative VAT balance came from a number of reporting periods higher than the periods normally used within 12 months.
SPV communication
The article also noted that, from 1 March 2022, certain taxpayers had to transmit documents to ANAF electronically through their own SPV account. This included legal entities, associations, entities without legal personality and individuals carrying out liberal professions or independent economic activities.