On May 29, POR Tax issued ordinance on taxpayers covered by it.
POR Tax issued Ordinance 242/2025/1 on universe of value added tax (VAT) taxpayers covered by the automatic periodic declaration re transactions made from Jul. 1, 2025.
Overview
Art 29-A VAT Code, post DL 49/2025, implements measure included in Agenda for Tax Simplification; recalls that to simplify compliance with VAT tax obligations, POR Tax provides, on basis of the relevant information at its disposal, a provisional VAT return.
In accordance with §4 of art 29-A VAT Code, the universe of taxable persons covered by this declaration is defined by order of the Ministry of Finance.
Per urgency of timetable to fulfill VAT reporting obligations, it is important universe of taxable persons covered by automatic periodic declaration is defined.
That, to ensure its application to passive and active operations carried out from Jul. 1, 2025 and under terms set forth in §2 of art 18 of DL 49/2025.
Key Aspects
Art 29-A VAT Code apply to taxpayers that cumulatively meet conditions: are taxable persons resident in national territory; not taxpayers registered under Cash VAT Regime and have classified all invoices, correction documents where they appear as acquirers.
From mentioned group, taxable persons are excluded who, in assessment period, carry out any activity that consists of: imports and exports; acquisition of goods or services in which taxable person is purchaser himself or recipient thereof.
Or transactions covered by any special or particular value added tax regime.
Invoices and invoice correction documents that were not previously communicated by issuer and were manually registered by acquirer in e-invoice will not be considered in automatic periodic declaration, for purposes of deducting the respective VAT.
Effectiveness
Ordinance applicable to passive and active operations carried out from Jul. 1, 2025.
Regulators
POR Tax
Entity Types
Auditor; CNSM; Corp
Reference
OG 103/2025, Ord 242/2025/1, PR, 5/29/2025; DL 49/2025; VAT Code; Citation: Ordinance 242/2025/1;
