Tax inspections of individual taxpayers (2)

P.F. X

The period audited was: 01.01.2019 – 12.31.2023.

Main results  of the tax inspection authorities :

As a result of the verification of the transactions carried out and income received by the taxpayer during the period subject to tax inspection, it was found that during the period under tax inspection, individual X was self-employed and a taxable person, realizing income from operations with virtual currencies which was received through personal bank accounts.

P.F. X had the obligation, for the transactions carried out and the income obtained, to fulfill all the obligations arising from the status of taxable person, realizing income from the economic activity he carried out.

Thus, it was found that P.F. X did not draw up financial-accounting documents, did not register as a taxable person for declaring the activity carried out and did not submit to the competent tax authority  the declarations on the income realized in the period 01.01.2019 – 31.12.2020.

Taxpayer P.F. X did not submit supporting documents evidencing the expenses on cryptocurrency purchases, i.e. on the expenses related to the income realized from transactions with cryptocurrency units in 2019 and 2020.

As a result of the tax inspection, additional tax liabilities in the total amount of x lei were established, representing:

 

  • income tax: x lei;
  • social health insurance contribution: x lei.

Source: ANAF