P.F. X
Period audited: 01.01.2022 – 31.12.2023.
Main observations of the tax inspection authorities :
Based on the verification and analysis of the documents submitted by the taxpayer, the information returns (Declaration 208) on the tax from the transfer of real estate properties from the personal assets submitted to the territorial tax body by notaries public, it was found that P.F. X has carried out real estate transactions, consisting of sales of intravilane land, transactions which are subject to the VAT tax regime.
Thus, the tax inspection authorities found that, in February 2022, the taxpayer under audit exceeded the exemption threshold of EUR 88,500 (i.e. RON 300,000), as provided for by Article 310 of Law no. 227/2015 on the Tax Code, as amended and supplemented, and was obliged to apply for registration as a taxable person for VAT purposes.
Subsequent to this date, P.F. X carried out a number of 10 real estate transactions without charging VAT, without calculating, declaring and remitting the VAT due, as provided for by Law no. 227/2015 on the Tax Code, as amended and supplemented, thus having the obligation to collect VAT in the amount of x lei.
As a result of the tax inspection, the control authorities established additional VAT in the amount of x lei.