Aspects Concerning the Value Added Tax in Intra-Community Operations

Under the conditions of Romania’s accession to the European Union, the harmonisation of legislation of the national economy departments was necessary. Given the importance of fiscal legislation both with respect to the financial side of the fiscal field - of insurance of budgetary resources at natio...

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Bibliographic Details
Published inAnnals of the University of Petrosani, Economics Vol. 7; pp. 147 - 154
Main Authors Ecobici, Nicolae, Buşan, Gabriela
Format Journal Article
LanguageEnglish
Published University of Petrosani, Romania 2007
SeriesAnnals of the University of Petrosani, Economics
Subjects
community tax
intra-Community operations
invoice
taxable base
taxable person
VAT
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Summary:Under the conditions of Romania’s accession to the European Union, the harmonisation of legislation of the national economy departments was necessary. Given the importance of fiscal legislation both with respect to the financial side of the fiscal field - of insurance of budgetary resources at national and community level - and the elimination of double international taxation, recent regulatory acts amended and supplemented the Fiscal Code initially approved by Law no. 571/2003, the intra-Community relationships being especially regarded. We shall present hereinafter the main aspects regarding the value added tax in intra-Community operations, applicable to tax-payers from Romania starting with 2007.