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Key changes to the Romanian tax legislation effective 1 January 2010

Romania

Taxand Romania investigate the key changes planned to improve the Romanian Fiscal Code to be introduced and effective from 1 January 2010. Six elements have been identified and are discussed in the attached tax alert by Romania.

The key changes in legislation will affect the following elements:

  • Definition of common terms by the Fiscal Code
  • Corporate income tax
  • Personal income tax
  • Withholding tax on non-resident's income obtained from Romania
  • New deadlines for tax payment
  • Value added tax

Your Taxand contact for further queries is:
Angela Rosca
T. +40 21 316 04 93
E. angela.rosca@taxhouse.ro

DownloadTaxand Romania'a tax alert for more details:

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