On December 18, 2024, Order No. 7015 was published, detailing the procedure for completing and submitting Form 212, the "Annual Tax Return on Income Tax and Social Contributions Due by Individuals" for the year 2024.
In the near future, the intelligent PDF form will also be published on the official ANAF website.
Main Aspects Covered by the Order:
1. Tax Return Submission Obligations
• This applies to individuals who have earned income/losses in Romania or abroad in 2024 or who choose to pay the health insurance contribution in 2025.
• The submission deadline is May 25, 2025. However, the tax return can be corrected through an amended declaration, following legal rules, and any applicable late payment charges.
2. Submission methods
• Physical format: at the tax authority's registry or by post with acknowledgment of receipt.
• Electronic format: via Virtual Private Space (SPV) or e-guvernare.ro with an electronic signature.
3. Required information
• Identification details of the taxpayer (PNC, tax residency, bank account);
• Income earned by category and source: independent activities, intellectual property rights, rental of property, etc;
• Taxes withheld abroad, where applicable.
4. Form completion
• The form is structured into two main sections:
o Section I: Information about income tax and social contributions due for 2024;
o Section II: Information about optional health insurance contributions for 2025.
The section for declaring the estimated tax liability for 2025 has been removed for income categories that previously had this obligation.
5. Detailed instructions
• Subsections for various income types:
o Independent activities: real system or standard deductible expenses;
o Rental of property: real system or standard deductible expenses;
o Intellectual property rights
• Special provisions for categories such as persons with severe/disabling disabilities.
• In the case of income from multiple sources, a separate section must be completed for each source.
6. Administration rules
• The competent tax authority is the one in the taxpayer's domicile area.
Crowe Romania's Global Mobility team can assist you in preparing and submitting the Annual Tax Return.
CONTACT
globalmobility@crowe.ro
