The Romanian Senate has passed a bill offering a tax amnesty to business owners pursued by the National Agency of Fiscal Administration (ANAF) for retroactive Value Added Tax (VAT) payments. The legislation addresses complaints from businesses regarding significant, often tens of thousands of euros per company, in back taxes demanded for the past five years. Businesses have reported facing VAT code suspensions as a result of these demands. The Senate approved the proposal with amendments, details of which were not specified in the initial report. The aim of the amnesty is to provide relief to companies struggling with these retroactive tax liabilities. The bill now moves forward in the legislative process, requiring further approval. This measure seeks to resolve a contentious issue impacting numerous Romanian businesses.
