close
Share with your friends

New debate on the VAT split payment mechanism

New debate on the VAT split payment mechanism

The VAT split payment mechanism, which is optional from 1 October 2017, and mandatory from 1 January 2018, has been the subject of many discussions and debates over the past few days.

1000
Ramona Jurubiță

Country Managing Partner

KPMG in Romania

Contact

Related content

The VAT split payment mechanism, which is optional from 1 October 2017, and mandatory from 1 January 2018, has been the subject of many discussions and debates over the past few days, while there have been significant efforts, especially from the business community, to eliminate or at least postpone the date when the system becomes mandatory for all entities registered for VAT purposes. Moreover, there has been considerable speculation following various statements made by politicians, which have appeared to suggest the possibility of limitations on the scope of the application of the split payment mechanism and/or postponement of the enforcement date.

©2021 KPMG România S.R.L., o societate cu răspundere limitată de drept român, membră a organizației globale KPMG, compusă din societăți membre independente afiliate KPMG International Limited, societate privată engleză cu raspundere limitată la garanții.  Toate drepturile rezervate.

Pentru mai multe detalii despre structura globală a KPMG, accesați https://home.kpmg/governance

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today

Sign up today