Regulatory updates

Morocco VAT Return

The VAT return layout for Morocco has been updated to include the latest changes as requested by the tax authority.

Romania VAT Return (RO100 / Form D300) - Form and Schema Update

The Romania VAT Return has been updated to reflect the new VAT rate structure introduced by Romanian legislation. The former 19%, 9%, and 5% rate tiers have been replaced with the new 21% and 11% rates. Key changes include:

• 12 report boxes removed (associated with the discontinued 19%, 9%, and 5% rates) and 24 boxes updated, including renumbered rows from box 27 through 45.

• Calculation formulas for total collected tax (box 19), total deductible tax (box 30), and all downstream summary boxes updated to reflect the new layout.

Spain VAT Return

A new VAT Code has been created for the Spain VAT Return with the following configuration:

• VAT Code: ES140002

• Description: Purchase I-SR – Import of investment goods

Field Mapping:

• Taxable Amount (Debit): 34

• Taxable Amount (Credit): 40

• VAT Amount (Debit): 35

• VAT Amount (Credit): 41