The History Of The "Reverse Taxation" In Romania For The Operations Concerning The Value - Added - Tax (VAT)

Antonescu, Mihail and Antonescu, Ligia (2014): The History Of The "Reverse Taxation" In Romania For The Operations Concerning The Value - Added - Tax (VAT). Published in: International Journal of Business Quantitative Economics and Applied Management Research , Vol. 1, No. 6 (November 2014): pp. 56-62.

Abstract

Abstract — In accordance with the stipulation of the VIth Title concerning the Value - Added - Tax (VAT) from the Fiscal Code, the suppliers and the beneficiaries of certain goods and/or services, registered with the purpose of obtaining the value-added-tax, are obliged to apply simplification rules called "reverse taxation". The supplier is obliged to write on the bills he emits the mention "reverse taxation" without writing the corresponding tax, and the beneficiary will calculate the tax, he will register it in the shopping day book and he will show it in the break up tax, as a collected tax, and also as a deducted tax, without paying the tax to the supplier.

• Item Type: MPRA Paper
• Language: English
• Keywords: Reverse Taxation, Value - Added - Tax (VAT), Fiscal Legislation
• Subjects: H - Public Economics > H2 - Taxation, Subsidies, and Revenue > H25 - Business Taxes and Subsidies

References

1) Law number 571/2003 concerning the Fiscal Code, with further modifications and completions;

2) Decision of the Government number 44/2004 for approving the methodological norms of application of the Law number 571/2003 concerning the Fiscal Code;

3) The Urgency Order number 83/19.08.2004 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code, approved using the Law number 494/12.11.2004;

4) The Urgency Order number 138/2004 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code, approved using the Law number 163/01.06.2005;

5) Law number343/2003 concerning the Fiscal Code, approved using the Law number163/01.06.2005;

6) The Urgency Order number 106/04.10.2007 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code;

7) The Urgency Order number 109/07.10.2009 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code;

8) The Urgency Order number 54/23.06.2010 concerning some measures for the control of fiscal evasion;

9) The Urgency Order number 117/23.12.2010 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code and the regulation of some financial-fiscal measures;

10) The Urgency Order number 49/31.05.2011 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code and some other financial-fiscal stipulations;

11) The Urgency Order number 30/ 31.08.2011 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code and the regulation of some financial-fiscal measures;

12) The Urgency Order number 125/27.12.2011 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code;

13) The Urgency Order number 16/30.07.2013 for the modification and completion of the Law number 571/2003 concerning the Fiscal Code and the regulation of some financial-fiscal measures.