11 August 2021
Romania has published Order No. 1.191 of 26 July 2021, which approves the procedures for the implementation and administration of consolidated tax groups for corporate tax purposes, as well as the related application form (Form 173) and the model decision forms for approving/rejecting group requests and amending groups (Form 174 and Form 175). Romania introduced measures for a consolidated tax group regime as part of Law No. 296 of 18 December 2020, which generally applies from 1 January 2021.
Order No. 1.191 provides that Form 173 is to be completed by the legal person responsible for the tax group using the application on the website of the National Agency for Fiscal Administration (ANAF) and submitted electronically. Applications for tax consolidation must be submitted at least 60 days before the start of the period for which tax consolidation is requested. Tax consolidation will apply for a period of five fiscal years starting from the fiscal year following the submission of the application. Aside from using Form 173 to apply for the implementation of a tax group, the form is also used for changing a tax group (adding/removing members), canceling a tax group, and extending a tax group after the end of the standard consolidation period of five fiscal years.
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