Monitorul Oficial al Romaniei No 10 / 8 January 2014 has published Order No 3.854 / 20 December 2013 approving the model and content of Form (014) containing the Notice of Change in the Tax Year End Date and Order No 3.884 / 24 December 2013 approving the model and content of Form (097) referring to Notice of Application / No Application of the VAT Cash Accounting
System.
These legislative acts regulate the model and content of Forms (014) and (097), providing also the instructions for filling them in, which are to be published on the Website of the National Tax Administration Agency.
- Under Form (014) – Notice of Change in the Tax Year End Date, the taxpayers that have opted, in compliance with the accounting legislation in effect, for a financial year differing from the calendar year may state their option for a tax year corresponding to the chosen financial year.
- Likewise, Form (097) – Notice of Application / No Application of the VAT Cash Accounting System has been adjusted accordingly to the VAT cash accounting system which has become optional since 1 January 2014.
