COMPENSATIONS BETWEEN TAXPAYER’S DUTIES AND VALUE ADDED TAX TO BE RECOVERED

Sorin-Constantin Deaconu and Sorin Teiusan
Additional contact information
Sorin-Constantin Deaconu: 1 DECEMBRIE 1918 UNIVERSITY OF ALBA IULIA

Annals - Economy Series, 2021, vol. 5, 206-213

Abstract: Entities registered as legal entities become taxpayers. Economic operators become payers or non-payers of value added tax (V.A.T.) depending on the turnover volume. Entities registered for V.A.T. purposes may request a refund of the amounts through the V.A.T. Return if the amount of 5,000 lei is exceeded. In this way, there are several scenarios regarding the compensations made by the tax authorities. The professional accountant must constantly monitor the concordance between the amounts in the summary sheet and the values in the trial balance.

Keywords: contributions; V.A.T. refund; summary sheet (search for similar items in EconPapers)
Date: 2021
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.utgjiu.ro/revista/ec/pdf/2021-05/23_Deaconu.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2021:v:5:p:206-213

Access Statistics for this article

More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Ecobici Nicolae ( this e-mail address is bad, please contact ).