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How to implement the Romanian VAT threshhold for reverse charge ?

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edited Apr 19, 2021 2:27PM in Tax & Global 4 comments

Content

https://taxsummaries.pwc.com/romania/corporate/other-taxes

"The reverse-charge mechanism is applicable for the supply of buildings, parts of buildings, and plots of land, and, until 30 June 2022, to the supply of mobile phones, PC tablets, laptops, gaming consoles, and devices with integrated circuits (provided that the value of such goods, excluding VAT, mentioned on an invoice is equal to/higher than RON 22,500)."

For our customer this case concerns the sales flow.

  • Threshold is calculated on the invoice net amount (not invoice line).
    • I see only one way to proceed to calculate at the invoice. Setup the rounding level in

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