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January 2015 tax amendments


During January 2015, a number of  amendments were made to Romanian tax regulations. Taxand Romania provides an update on the key changes.

Amendments and completions to tax forms 

Order no. 4024/2014 modifies and completes the Order of the president of the National Agency for Tax Administration no 1950/2012 regarding the approval of the model and content of certain tax forms as follows:

  • Form 101 Statement regarding corporate income tax is replaced with the form provided in Appendix 1 of this Order
  • Two new lines are introduced on form 100 Statement regarding payment liabilities to the state budget
  • Amendments and additions are brought to the filling instructions of the two forms

Revision of the taxation rate for special constructions

Law no 11/2015 for approving the Government Emergency Ordinance 102/2013 amends the tax rate and the taxable base for the special construction tax from 1.5% to 1%. The tax shall be applied to the value of the special constructions existing in the taxpayer’s records as at 31 December of the previous year to which additional deductions apply as follows:

  • The value of buildings from industrial, scientific and technological parks which are not exempt from building tax
  • The value of constructions situated outside the Romanian borders, as established according to the law, including the borders located in the contiguo area of Romania and Romania’s exclusive economic area
  • The value of constructions located in the public domain of the state used for protocol purposes, as well as those pertaining to the public and private domain of the state, rented or granted for use to public institutions
  • The value of constructions owned by sporting structures

Discover more: January 2015 roundup of tax amendments & completions

Your Taxand contact for further queries is:
Angela Rosca
T. +40 21 316 06 45

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Taxand's Take

Multinationals with operations in Romania should familiarise themselves with the legislative developments and make any changes necessary to their business procedures to remain compliant.

Taxand's Take Author

Angela Rosca

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