Romania » Taxes

Real Estate Tax	Property Tax	Income tax	Capital Gains Tax

Income Tax

Income tax is reduce to a flat rate of 16%.  

VAT

The purchase of Romanian real estate is subject to 19% VAT.

Capital Gains Tax

At the sale of real estate by a local company 16% profit tax is due on the difference between the sale price and the fiscal book value. The capital gains from the sale of shares in a Romanian company is also subject to 16% profit tax.

Corporate Tax

Corporate tax is back from 25% to the same 16% level.