Comparative analysis of value added tax aspects regarding its accounting and reporting in republic of Moldova and in România

Abstract. The following article outlines the main aspects regarding the VAT accounting and its’ reporting in Moldova compared to the way it is done in Romania. The purpose of the article is to facilitate the comprehension of the VAT in both countries, as the respective tax is usually met with uncertainties or even difficulties in understanding its’ nature. Therefore, the work includes conclusive examples of the accounting of VAT in different scenarios, in each of the mentioned countries. As a result, this article highlights some incursions regarding the use of National Standards of Accounting in Moldova (SNC) aligned to the Council Directive 2006/112/EC’s stipulations.