FIC backs modernization of ANAF through ongoing program with the World Bank

Newsroom 27/09/2016 | 12:50

The Foreign Investors Council (FIC) has announced that it supports the modernization of ANAF, together the World Bank financing for the implementation of the Revenue Administration Modernization Project (RAMP).

Dragos Doros, the president of ANAF, announced several measures intended generally to reduce the fiscal burden both at the level of individuals and businesses. These were also discussed during a roundtable with FIC members on September 20.

“ANAF is moving online” is the new motto ANAF has and expresses its aim to transform itself into a digitalized institution, as much as possible.

ANAF says that cooperation should be the key characteristic of the relationship between authorities and tax payers. Daniel Anghel, the vice president of FIC, underlined the constant request from firms towards ANAF to simplify procedures, especially when it comes to VAT and to make it easier to register, declare and pay VAT.

FIC member companies believe that reducing the burden of compliance and using technology instead to communicate with tax payers can lead to increased competitiveness of Romania in the region and make the life of companies much easier.

Richard Perrin, co-chair of the FIC task force on Taxation, said that a better transparency from ANAF regarding the criteria used for performing the risk analysis process in the context of VAT registration/deregistration would be helpful for the businesses and would create a better understanding of the approach of the tax authorities.

Ismail Radwan, World Bank Lead Public Sector specialist, urged ANAF’s management to continue making progress on procuring the IT capacity in terms of hardware, software and employees needed to support the new improvements.

Georgiana Bendre

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue