The Ministry of Finance (MoF) has launched a draft Government Ordinance for public consultation to amend and supplement the Fiscal Procedure Code (Law no. 207/2015), in order to align Romanian tax legislation with European and international standards.
"The project has as its main purpose the transposition into national legislation of a new European directive - Directive (EU) 2025/872, known as DAC9 - adopted at the European Union level in April 2025. The directive establishes updated rules on cooperation between tax authorities in the member states, especially in the context of the digital economy and the application of the global minimum tax for large groups of companies," a statement from the Ministry of Finance, sent on Friday to AGERPRES, states.
Through the proposed amendments, Romania aligns its tax legislation with European and international standards, aiming for a "clearer, more predictable and fairer" tax framework.
According to the cited source, an important objective of the project is to improve the automatic exchange of information between tax administrations in the European Union. This mechanism allows authorities to transmit relevant data on the taxation of large companies.
Also, through the proposals to amend the Fiscal Procedure Code, the Ministry of Finance aims to increase fiscal transparency, combat tax evasion and streamline risk analysis, while at the same time offering modern digital solutions for bona fide taxpayers.
"One of the main novelties brought by DAC9 is the significant reduction of reporting obligations for large groups of companies. Multinational groups and large national groups, with consolidated revenues of at least 750 million euros, will be able to file a single tax return at group level, instead of several separate returns for each entity within the group. This centralized reporting will reduce bureaucracy and administrative costs, both for companies and for tax authorities," the ministry's representatives said in a statement.
The draft ordinance introduces the use of a standard form for the informative declaration regarding the additional tax (global minimum tax). The model of this form will be approved by order of the president of ANAF, within 60 days from the entry into force of the normative act.
At the same time, clear reporting deadlines, rules for the automatic exchange of information between member states and cooperation mechanisms for correcting any obvious errors in the declarations are established.
"In addition to transposing DAC9, the project brings clarifications and additions to the existing rules on the exchange of information regarding financial accounts. Thus, some legislative gaps are eliminated which, until now, referred only to the reporting obligation, without explicitly regulating the actual exchange of data for certain new types of accounts", specifies the institution.
To ensure the correct application of the new provisions, the draft provides for contravention sanctions ranging between 10,000 and 30,000 RON.
According to the cited source, these apply, for example, in the case of using forms other than the standardized ones or failing to comply with the obligation to keep tax documents and records for a period of at least 5 years.
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