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Reff & Associates Successful in Tax Case Concerning the Production of Goods

Reff & Associates Successful in Tax Case Concerning the Production of Goods

Romania
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Reff & Associates, the Romanian member of Deloitte Legal, has obtained a final court decision confirming that the delivery of molds falls under the same VAT tax regime as the supply of the goods produced with the molds, even if they are purchased by the supplier and held by them after their use in the production process.

According to the court’s decision, the delivery of molds is part of the supply of goods to which it is linked, following the same VAT treatment as the supply of products made with the molds. As such, it is not a separate transaction as the tax inspectorates had argued.

"The decision achieved by Reff & Associates is remarkable for the Romanian market,” said Partner Andreea Artenie, also Coordinator of the Tax Litigation Practice. “On the one hand, the decision invalidates a constant view expressed by tax inspectorates in such cases and, on the other hand, establishes that the fiscal treatment applied to this situation in Romania is different from other EU Member States. For these reasons, our success becomes a milestone that marks a change in approach in the practice of tax authorities, bringing on a necessary and long-awaited industry clarification."

The Reff & Associates team included Partner Andreea Artenie, Managing Associate Ionut Iablonschi, and Senior Associate Adelina Somoiag.

 

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MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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