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Romania Approves Bonus for Timely Tax Payment for 2024 and Tax Amnesty for Outstanding Taxes Due

|Approved Changes|Romania
Romania

Romania's Ministry of Finance has announced the government's approval of an emergency ordinance to incentivize the timely payment of tax for 2024 and to provide a tax amnesty for outstanding tax liabilities. To incentivize timely payment, the ordinance provides for a 3% bonus (discount) for annual corporate income tax and microenterprise tax for the 2024 fiscal year. Taxpayers that declare and pay their annual corporate income tax and microenterprise tax for 2024 by the prescribed deadlines …

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