A few months before the income tax filing deadline for fiscal year 2022, ANAF published an order approving the Form 101 related to the tax group and updating the individual Form 101. This is ANAF President’s Order No. 310 on approving the model and content of form 101 of the fiscal group “Consolidated income tax declaration determined by fiscal group”, as well as on introducing changes and additions to OPANAF No. 310. 3.386/2016 on approving the model and content of form 101 “Tax declaration on profit”. The procedure applies to the declaration of income tax of companies that have chosen to create a fiscal group, starting from 2022.
What changes?
The innovation is the introduction of a form intended for companies that apply the system of fiscal consolidation in the field of income tax in accordance with the provisions of section IV^1 “Rules on fiscal consolidation in the field of income tax” of the Fiscal Code. The current provisions of the Fiscal Code establish that the head of the group is the only person who is obliged to submit a tax declaration on behalf of the group and all its members, but the declaration document was missing.
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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.