ANAF will check companies with luxury goods to determine whether the purchases are related to their economic activity

ANAF will conduct targeted checks in the coming period at companies that have purchased luxury goods or built recreational facilities, to determine whether these are used for economic activity or for the personal purposes of shareholders and directors.

The checks will focus particularly on goods and buildings located at their residences when the expenses were paid by the company. Inspectors will verify the justification for the purchases, the deduction of VAT and expenses for corporate income tax purposes, including depreciation, maintenance, fuel and repairs.

The risk analyses are based on information from tax returns, D406 – SAF-T files and invoices submitted through RO e-Factura. If the goods do not serve the company’s economic activity, the expenses are non-deductible and the VAT cannot be recovered. Tax liabilities may also arise for benefits granted through the personal use of the goods.

ANAF notes that companies operating in tourism, recreation, rentals, hotel services or sports may deduct the costs under the law. Taxpayers who identify unjustified deductions may submit amended returns before the audit, thereby benefiting from lower costs.