The Employers' Association of Romanian Accounting Entrepreneurs (PACR) is calling for an end to what they say are "chaotic regulations" in the RO e-VAT system and to make tax authorities responsible at the same level as taxpayers.The employers are voicing "deep disappointment" with the implementation of the RO e-VAT system, arguing that it should be abolished, given a recent order of the chairman of the National Tax Administration Agency (ANAF) introducing a pre-filled VAT return, considered "inadequate and inopportune.""If the tax authorities insist on the implementation of the pre-filled VAT return, we would have expected that the amounts presumed by the authorities regarding the VAT payable or VAT to be recovered would be owned up by them."The amounts, they say, especially the VAT payable "requested by the tax authority from taxpayers, are not owned up by the authorities, which shows that the system cannot work efficiently."The employers also point to parts that are not owned up by the tax authorities."Row 38: 'VAT to be paid during the reporting period' - this fundamental element for the national budget, estimated at about RON120 billion from VAT, is not owned up by the authorities. The lack of this information can distort the national budget. Row 41: 'VAT payable cumulatively' - the most important information for any tax analysis, indicating the VAT due cumulatively by the taxpayer, is not included in the pre-filled statement. Row 44: 'Negative VAT amount to be paid' - although the term ?negative' is used, it represents the VAT to be refunded from the national budget to the taxpayer, essential for the national budget and taxpayers, especially for those who make investments or are exporters," according to the employers.The employers say the analysis of the controversial piece of legislation and the challenging situation ensuing the recent order of the ANAF chairman was carried out by Adrian Benta, a tax consultant and financial auditor.
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
Elon Musk's mother, Maye Musk, re-shared a post about the Craiova Christmas Market on X on Monday, December 1. She described the event as "beautiful" and included three emojis in her caption. The original post highlighted that the Craiova Christmas Market was taking place in a safe environment. "No concrete barriers. No armed guards. No […]
