Even though it targets only companies which are insolvent or have debts to pay VAT, actually, the obligations of all the value added tax have become more complex with effect from 1 January. Thus, in addition to the obligation to verify that their suppliers have a valid VAT code, if this code has been declared inactive and if subject to VAT to the collection, businesses need, starting this year, check and if these suppliers apply VAT payment broken down.
For more information, please see the Romanian version of the article, here.