The National Agency for Tax Administration (ANAF) has recently published the SAF-T (Standard Audit File for Taxes) scheme on its official website, accompanying a document dedicated to the assets module, which provides useful clarifications on the preparation of this annual return. The official deadline for submitting the SAF-T D406 asset declaration is the same as the deadline for submitting the financial statements for the relevant year, i.e. 150 days after the end of the financial year.
Based on these clarifications, taxpayers will need to verify that their method of constructing the SAF-T asset declaration meets ANAF’s expectations in order to avoid serious inconsistencies and questions from the authorities and/or prepare a final correction declaration. By law, taxpayers can correct filed SAF-T returns without penalty.
The most important explanations provided by ANAF concern the sign of the amounts included in section 2.12 Assets, respectively 4.5 Transactions with assets, as well as the method of reconciliation with the annual balance sheet. An example of filling out a declaration for taxpayers whose fixed assets were reassessed in 2022 is also given.
It is also worth noting that on May 10, 2023, ANAF published in the SAF-T scheme “Catalogue on the classification and normal life of fixed assets”, at the end of which you can find the classification of land and intangible assets. assets
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The article is signed by Isabela Stoicescu, Senior Manager
Article supported by PwC Romania
Source: Hot News
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.