ANAF identifies 540 million lei in undeclared taxes during Romanian wealth audits

Romania’s National Agency for Fiscal Administration (ANAF) has conducted an extensive audit campaign targeting individuals' personal wealth. Between July 2025 and May 2026, the agency completed 1,102 inspections, identifying over 540 million lei in undeclared tax claims. As a result, authorities have implemented approximately 124 million lei in precautionary measures, including garnishments and seizures of assets.

Common irregularities identified include the purchase of real estate and vehicles with cash, loans granted to one's own companies, and undeclared income from foreign sources, such as rental platforms like Airbnb or Booking, and cryptocurrency transactions. The agency is increasingly utilizing international data exchanges to identify discrepancies between declared income and actual assets, specifically monitoring high-net-worth individuals with wealth exceeding 25 million euros.

Separately, ANAF's anti-fraud division (DGAF) dismantled a cross-border VAT fraud scheme involving the second-hand car trade. By utilizing “missing trader” companies in Hungary and Slovakia, the scheme introduced over 2,000 vehicles into the Romanian market. The estimated loss to the consolidated general budget exceeds 26 million lei. Authorities have secured 21.34 million lei in assets and bank accounts to recover the funds.