Large taxpayers in Romania must file D406 starting this year with some exceptions with further deadlines

Even though Romania already has VAT reporting requirements in place in the form of its D394 form, it is in the process of transferring to SAF-T due to the more comprehensive coverage it offers and specific rules of reporting it brings. By Order 1783/2021, several amendments were made to the data from which large taxpayers must submit D406 and thus report in SAF-T.

However, for taxpayers classified in the category of large taxpayers on January 1, 2022, who was not part of this category in 2021, the obligation to submit the D406 Informative Statement starts from July 1st, 2022, which represents the reference date for the new large taxpayers. 

It is important to note, what are the exceptions to the above deadlines. By way of exception, for credit institutions, non-banking financial institutions, financial institutions and insurance/reinsurance companies, classified on January 1st, 2022 in the category of large taxpayers, the obligation to submit the Informative Statement D406 starts from January 1st, 2023, which represents the reference date for the above-mentioned subjects.