As part of Law No. 296 of 18 December 2020, Romania has introduced several individual income tax amendments for 2021. The main measures include:
- The withholding tax rate on payments to non-resident individuals is reduced from 16% to 10%, which applies for interest payments, royalties, commissions, fees for management and consulting activities, and fees for services performed in Romania;
- It is clarified that non-resident individuals with their center of vital interests in Romania become subj…