Taxation
- Romanian tax authorities have become increasingly active during the past years. You should expect to get fiscally audited on a more regular basis; the overwhelming majority of fiscal audits will end with tax assessment notices imposing the back of pay additional taxes, together with penalties and interest. More often than not, administrative fines shall also be imposed.
- Romanian tax regulations will change several times a year: mostly new taxes are decided upon, taxation levels are increased and new tax statements are introduced. Aside from this, it has never been easy understanding Romanian tax regulations; they usually leave tax authorities with a great amount of administrative discretion, which they may abuse more often than not.
As a full service law office, we provide:
1. Legal advice with regard to taxes and levies. Legal advice Brasov
When optimizing your taxes and levies as a Romanian taxpayer, your leeway in doing this shall be reduced, compared to other legal systems. Nevertheless, even here there are right solutions to be found and implemented, with our support.
2. Representation and support when dealing with Romanian tax authorities. Tax attorney Romania
It is of the utmost importance to precisely know one’s rights and duties as a taxpayer in Romania. On the one hand, it is not uncommon for tax authority employees to make wrong assessments; on the other hand, you can lodge an appeal against any tax assessment notice.
As a rule of thumb, fiscal audits must be announced in advance. The taxpayer is entitled to involve his advisers during the fiscal auditing procedure. This can be conducive to more easily identifying certain issues right from the beginning; accordingly, the right solutions can also be identified and implemented in due time, while maintaining a close contact to the tax authorities.
Before a fiscal audit is finalized, the Romanian taxpayer is also entitled to be informed about the results of the auditing procedure, as well as to receive a draft of the audit findings. The taxpayer is entitled to have one last discussion with the auditing employees, regarding the draft of the audit findings. At this point it is already possible and recommendable to lodge a written statement with regard to the problems detected in the draft.
1. Representation of taxpayers during the administrative pre-trial proceedings, as well as during the judicial proceedings when appealing against tax assessment notices
Should it nevertheless come to back payments being imposed on you, against the relevant facts and legal provisions, you are entitled to initially appeal against the audit findings in an administrative pre-trial proceeding. A legally well-founded administrative appeal can already be successful: many tax assessment notices are being changed as a result of an administrative appeal being lodged.
Should the administrative appeal fail to have the desired effect, an appeal can be filed against the tax assessment notice with the competent court of law.
We, via our attorneys, have already provided successful support to most of our clients in this area.