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We expect 2020 to be the year of the symbiosis fiscal transparency - fiscal automation

We expect 2020 to be the year of the symbiosis "fiscal transparency - fiscal automation"

Transparency is unquestionably in the top of the list on the fiscal agenda

  • 2020 will be a year of reporting: between companies and tax authorities, tax authorities between them, individuals and authorities
  • The time spent by taxpayers to provide information to the authorities will increase significantly in 2020
  • An increase in the number and complexity of tax controls is expected and, consequently, a considerable increase in the number of adjustments of transfer prices and double taxation situations.

For more information, please see the Romanian version of the article, here.

Authors

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ERNST & YOUNG SRL