Results of a tax inspection of a taxpayer having as its object of activity “Growing of cereals (excluding rice), leguminous plants and oilseed plants”

X INDIVIDUAL ENTERPRISE has as its activity “Growing of cereals (excluding rice), leguminous crops and oil seed crops”, CAEN code 111.

The period audited was: 01.01.2021 – 29.02.2024.

Main findings of the tax inspection bodies:

• The taxpayer erroneously deducted VAT, representing the purchase of sanitary ware that was not made for the purpose of earning income;
• The taxpayer has erroneously deducted VAT, representing the purchase of building materials which were not made for the purpose of obtaining income;
• The Taxpayer erroneously deducted VAT, representing the erroneous inclusion of the VAT amount from the purchases journal in the VAT return for December 2023.

For the audited period, the tax inspection bodies found an undeclared net income; the taxpayer is liable to pay social contributions.

In conclusion, as a result of the tax inspection, the total amount of X lei was additionally established, representing:

• X lei VAT;
• X lei income tax;
• X lei social contributions.

Source: ANAF