SAF-T – What it is and how it affects small taxpayers and experienced entrepreneurs in Romania + details about declaration 406
SAF-T (Standard Audit File for Tax) is a global standard adopted in Romania starting in 2022, which standardizes digital tax reporting. It reduces costs, increases tax compliance, and combats tax evasion. The D406 Declaration is essential for reporting. The SAF-T strategy includes phased implementation until 2025.