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Romania passes further legislation addressing fiscal measures and electronic invoicing

22 December 2023
Romania

On 14 December 2023, the Romanian government passed an emergency ordinance that included updated information on different aspects and requirements regarding the use of the RO e-Factura regarding the different obligations for taxpayers. While the timelines for reporting and transmission of electronic invoices remain the same, as well as those that exist for the grace period for the application of penalties, the following changes will now be introduced from 1 July 2024: Sanctions for non-compliance with the requirement to report invoices within 5 working days of a taxable event/initial issuance of an invoice, and no later than 5 days after...