Audio Blog: SAF-T Romania is live for large taxpayers

Sovos
January 24, 2022

Romania’s new SAF-T mandate was implemented for large taxpayers on 1 January 2022. Following the release of specifications in 2021 and subsequent testing phase, information must now be submitted digitally via the prescribed format.

In this episode of the Sovos Expert Series, Rebecca Burton asks Kelsey O’Gorman, Senior Regulatory Counsel to explain what this means in practice for organisations and how they can avoid any compliance issues.

Listen as she answers the following questions:

  • What does the new Romanian SAF-T mandate mean for large taxpayers?
  • What issues are organisations likely to face in the early stages and what can they do to avoid them?
  • What happens if an organisation is not able to comply?
  • Are there any differences in how the mandate is applied for the different size taxpayers?

Get in touch with the Sovos team of tax experts to discuss your Romania SAF-T compliance requirements.

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Author

Sovos

Sovos was built to solve the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction controls, tax reporting and more. Sovos customers include half the Fortune 500, as well as businesses of every size operating in more than 70 countries. The company’s SaaS products and proprietary Sovos S1 Platform integrate with a wide variety of business applications and government compliance processes. Sovos has employees throughout the Americas and Europe, and is owned by Hg and TA Associates.
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