- Full legal title, and reference to relevant Chapter, Section or Clause as appropriate
- Hyperlink to Applicable legislation (in English where available)
Law 227 / 8 September 2015 Fiscal Code (Chapter VII): http://legislatie.just.ro/Public/DetaliiDocument/171282
Law 46/2008 republished in 2015 Forestry code (Art. 126): http://legislatie.just.ro/Public/DetaliiDocument/170527
Ministry of Public Finances;
National Agency for Fiscal Administration (ANAF)
Mfinante.ro (N.Y): Ministerul Finanțelor a publicat normele de aplicare a noului Cod Fiscal (General clarifications about the Methodological norms for the application of the Law regarding taxes). Available at: http://www.mfinante.ro/acasa.html?method=detalii&id=120035
Infotva.ro (2015): Taxarea inversa pentru livrarea de materiale lemnoase. Se aplica masurile de simplificare pentru livrarea pomilor de Caciun? [Online) 15 July 2015. Available at: http://infotva.manager.ro/articole/infotva/taxarea-inversa-pentru-livrarea-de-materiale-lemnoase-se-aplica-masurile-de-simplificare-pentru-livrarea-pomilor-de-caciun-9077.html. [Accessed 14 November 2016].
Overview of Legal Requirements
The following products are not subject to value added taxes: logs or rough wood, planks, boards, strips, beams, sawn wood, processed wood (assortments from cutting operations).
Description of risk
After the invoice is registered, there is practically not possible to avoid payment of taxes. All taxes based on invoices are calculated by special programmes (electronic accounting records, online statements, etc.) and their collection is mainly based on an electronic system. The system is considered to be well implemented. For standing stock and wood materials VAT are not applicable.
This indicator has been evaluated as low risk. Identified laws are upheld. Cases where law/regulations are violated are efficiently followed up by the authorities and/or by the relevant entities taking preventive actions.