Romanian Fiscal Administration Office ANAF audits wealthy Romanians
In 2012, Romania tax evasion reached 13.8 percent of GDP (around EUR 19 bln). The VAT evasion totaled to more than half of this amount.
The Romanian Fiscal Administration Office, ANAF, has started conducting audits of wealthy Romanians, who reported differences between value of their wealth and their assets value based on paid taxes, the Romanian newswire, Romania Insider, reported Sept. 1.
“After previously conducted similar audits, ANAF has observed an increase in the number of people, who declare revenues from other sources, such as dividends from abroad,” the newswire reported.
By the end of 2014, ANAF plans to create regional audit offices and select 200 employees to be dedicated to the audit’s task.
This should be seen as a follow up of establishing of the General Directorate for Fiscal Anti-fraud (DGAF) in November 2013 within ANAF’s structures. DGAF’s main task at the time was set as prevention and combating of any acts of tax evasion and tax and customs fraud.
In 2012, Romania tax evasion reached 13.8 percent of GDP (around EUR 19 bln). The VAT evasion totaled to more than half of this amount.
Photo courtesy of Pen Waggener.
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