The Independent Authority for Public Revenue (AADE) is implementing an extensive audit plan, activating all its inspection forces before the end of the year in the hopes of identifying every last case that could generate additional tax takings.
The tax inspectors are focusing on income tax, value-added tax, property and other tax elements that will become time-barred after December 31, while the auditors’ main weapon will be the electronic cross-checking of bank accounts and tax returns.
Audit agencies have little time to wrap up thousands of pending cases and proceed, where necessary, with the assessment of taxes and fines, since many of them will no longer be auditable as of January 1, 2027.
According to the plan, by the end of September, all tax offices and audit centers will have to send detailed statements on the cases leading to a statute of limitations in 2026 to the central administration of AADE. From these cases, those with the greatest fiscal interest and clear indications of tax violations will be selected as a matter of priority.
The Bank Accounts and Payment Accounts Registry System will play a decisive role in the audits. Through the information system, bank transactions are cross-checked with the information on tax declarations to identify unjustified discrepancies, undeclared income and suspicious transactions.
