On 28 June 2024, Decree n. 87/2024 was released, amending several regulations of the tax sanction system. The updated regulations apply to violations committed from 1 September 2024.
Some of the most pertinent changes include, but are not limited to:
- The penalty for sellers is 70% of incorrectly documented VAT, as opposed to the previous 90% and 180 with a new minimum of EUR 300 instead of EUR 500;
- A violation of invoicing and/or registration of exempt, non-taxable amounts not s…