The Treasury is with the eyes including on the money received from the relatives. An amount of money offered by parents can raise question marks for ANAF inspectors under certain conditions, which many of the well -intentioned do not know.
Wedding gifts can enter the ANAF attention under certain conditions. Photo shutterstock
This is also the case presented by the ProTV news, in which a young woman who received hundreds of thousands of lei from her father, in cash. Now, the man must prove that the money comes from dividends, for which he has already paid tax.
“The girl had no way to justify them otherwise than by receiving cash from the family. If we were doing banking operations in which we would write financial aid or gift for your day, then it would have an ANAF justification, of course it may want other supporting documents. It’s very hard to say cash. You had, you didn’t have it? No one can do evidence, it is a diabolical test, as we say ”explained, for the quoted source, the lawyer Luisiana Dobrinescu.
ANAF inspectors can verify transactions between relatives especially if the money comes later in companies. In the case presented by ProTV, the young woman borrowed her own company with the money from her father.
How limited the cash transactions are limited between individuals
A situation that attracts the attention of tax inspectors is the one in which there are large differences between the income declared by a person and the loans they make or the goods they buy.
The law allows us to send or receive money from relatives, regardless of amount. Donations, gifts or loans are not taxed, only that cash transactions between individuals are limited to 50,000 lei.
When carrying out the bank transfer, the details of the transaction must be specified (for what the money is). Banks are obliged to report to the State Office of Money Lavels the larger transactions.
As indicated to proceed with the wedding gift when the amount is large
Wedding or baptism gifts are not taxed, but those who want to offer over 50,000 lei are advised by specialists to ignore the tradition of money in the envelope, if they do not want to raise questions and resort to bank transfer.
The amounts that cannot be justified are taxed by 70%.
We recall that Prime Minister Marcel Ciolacu spoke at the beginning of the Government meeting on Thursday about the taxation of money sent between relatives, a subject that has aroused a series of controversies in recent days. The head of the Government said that the checks will only concern those without declared income.
The situation in which the Treasury will tax with 70% the money that the relatives give can be avoided, being indicated that the persons involved travel a few steps that can prove the origin of the money, so that ANAF does not consider them undeclared.
The purpose for which this tax is applied, is to reduce tax evasion and increase the degree of budgetary collection.
