Legal & Tax Updates

Decision no. 159/2016 amending the methodological Norms for the application of Law no. 227/2015 regarding the Fiscal Code, as subsequently amended and completed, was published in Official Gazette 208/2016

Decision 1/2016 for the approval of the methodological Norms for the application of Law no. 227/2015 regarding the Fiscal Code, as subsequently amended and completed, was published in Official Gazette 22/2016

Order no. 442/2016 regarding the value of the transactions, the drafting deadlines, the contents and the conditions for the request of the transfer pricing file and the procedure of adjustment/estimation of transfer prices, was published in the Official Gazette 74/2016.

Order no. 36841/2015 for the approval of the model and content of Form (088) “Statement on own responsibility for the evaluation of the intention and capability of performing economic activity involving transactions subject to VAT” was published in Official Gazette no. 8/2016.

Order no. 3604/2015 for the approval of the Instructions for the correction of the material errors in the VAT return was published in Official Gazette 926/2015