NEXIA CRG

16/04/2023

01/04/2023

See you there! You still have time to meet us!

01/04/2023

A short recap of day 1 at the Hipo Career Fair - Angajatori de TOP.

You can still find us today until 17:00 at Sala Palatului on the 1st floor.
We look forward to meet you and plan your future consulting career together!

Find out more about us at www.nexia.com

18/02/2023

Good news!
The nominal list of medium-sized taxpayers has been approved by NAFA Order No. 2521/2022.

Visit the link for the complete list: https://bit.ly/3jjGuRo

18/02/2023

Be ready for The Country-by-Country Reporting. Application: January 1, 2023

On September 7, 2022, the Romanian government published legislation in the Official Gazette to implement the EU's Public Country-by-Country Reporting (CbCR) Directive.

While EU Member States are required to incorporate the Directive into national legislation by June 22, 2023, with the first fiscal year beginning on June 22, 2024 at the latest, Romania has chosen an earlier adoption date, with the regulations taking effect on January 1, 2023.

The public CbCR obligations are essentially advanced by at least one or two years as a result of the regulations' earlier admission into force in Romania (January 1, 2023).

In case you need assistance on the matter or want to learn more, visit our website at https://www.nexia.com.ro/

18/02/2023

Legal Developments Alert!
Ready for 2023? Because Tax Code is!

New legislative adjustments brought forth by GEO 16/2022 go into effect on January 1st, 2023. Among the most significant modifications revealed are:
- Dividend tax increases to 8%
- The threshold for micro of EUR 500,000 applies starting with 2023
- 19% VAT rate certain category of drinks
- 9% VAT rate for hotel services, restaurant and catering services.

Let's talk about how these changes can affect your business.
Visit our website at https://nexia.com/ and let us know how we can assist you.

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18/02/2023

DAC 7 introduces new reporting obligations for digital platform operators in Europe.

DAC 7: What is it?
It's the abbreviation for Directive 2021/514, which imposes additional reporting requirements on digital platform providers to the Financial Administration.

What is the goal?
The primary objective is to encourage tax transparency, minimize tax evasion and avoidance in business activities conducted via digital platforms.
Through separate tax administration requirements and unilateral reporting responsibilities adopted by some member states, standardization of reporting requirements for platform operators at the Union level should prevent an excessive administrative burden.

Who must comply with it?
Platform operator (an entity that makes the platform available to sellers based on a concluded contract). The DAC7 platform operators do not apply to natural persons.

Will noncompliance be penalized?
The member nations retain the option of imposing sanctions, but they must be effective, proportionate, and deterrent.

Would you like to learn more?
Since the rules governing the digital economy are always changing and growing more complex, Nexia CRG assists customers that are expanding internationally to cope with the new challenges.

Visit our website at https://www.nexia.com.ro/ and let us know how we can assist you.

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