The Law no. 296/2023 regarding certain fiscal and budgetary measures to ensure Romania’s long-term financial sustainability was published in the Official Gazette of Romania, Part I, no. 977/27.10.2023.

The Law 296/2023 will enter into force on 1st January 2024, with certain exceptions.

The Law 296/2023 regulates measures to support efforts to recover the budget deficit:

 fiscal measures (e.g., introduction of new taxes, limitation or elimination of some fiscal facilities);
 measures to ensure fiscal compliance:
• measures to prevent and combat illegal economic activities;
• the establishment of the national RO e-Seal System to ensure compliance with the traceability of road transport of goods
on the territory of Romania;
• changes to the ceilings of cash receipts and payments.

This newsletter presents the most important fiscal measures.

ColunTax-Tax Newsletter-Law 296-Tax Measures+Ro-e-Invoice-02.11.2023

I hope you find this newsletter helpful.

Should you have any questions or need additional clarifications, please let me know.

I encourage you to send this newsletter to your colleagues.

Stela Colun
Tax Consultant
Founder
Mobile: +40 748 733 865
stela.colun@coluntax.ro

Colun Tax Consulting SRL

7 Barajul Sadului Alley

Bucharest, Sector 3

www.coluntax.ro