According to a report from the tax authority, measures to encourage voluntary compliance with tax laws on their part have led to an increase in reported income. Over the course of three years, the State Tax Service analyzed the financial transactions of 52 individuals based on available information.
Their expenditures on the purchase of movable and immovable property, goods, and trips abroad were identified in the absence of officially registered funds that could explain such spending. Cases were also identified where cash and wire transfers were received without declaring the corresponding income. Taxpayers provided advertising services without reporting the revenue received.
Individuals who came under the State Tax Service’s scrutiny were invited to participate in voluntary compliance programs. They were briefed on the specifics of taxing income derived from online activities and presented with the results of the analysis.
As a result, they declared additional income totaling approximately 100 million lei. The amount of tax liabilities amounted to 12.47 million lei.
Monitoring continues
At the same time, the data they provided indicates a steady increase in income.
The main sources of such income are wages, dividends, and royalties.
Monitoring continues. The Tax Service has identified cases where individuals made large expenditures or received amounts into their bank accounts that significantly exceeded their official or voluntarily declared income. Additional measures are currently being taken against such individuals to verify the source of their funds and ensure compliance with tax laws.
The agency urges influencers, vloggers, and others who earn income online to fully declare their income and fulfill their tax obligations in a timely manner.
