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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…

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