The Impact of the Application of the Fiscal Risk Assessment Procedure in Romania

The fiscal risk assessment procedure is a new instrument used by the Romanian fiscal body - ANAF, which aims to regulate the VAT registration and deregistration regime for taxable persons in Romania. Given the novelty of the fiscal instrument, it is necessary to analyze its effects both from the point of view of the efficiency of the proposed method and from the point of view of the continuity of the activity of taxable economic agents for VAT purposes. The methodology used in the study is an empirical one, based on the study of the specialized literature, but also a descriptive - analytical one by using an econometric model to assess the impact of the tax risk assessment procedure. The econometric model is built on the criteria set out in Annexes 5 and 6 of OMFP no. 2856/2017. The results of the study reflect the assessed impact of applying the new fiscal instrument to the business environment