The Romanian Government is reportedly considering changes in the new financial assets tax on banks that was introduced 1 January 2019 ({News-2019-01-24/A/7-previous coverage}). This includes a change in the progressive rates of 0.1% to 0.5% based on Romanian Interbank Offer Rate (ROBOR) to fixed rates of 0.2% or 0.4% based on a banks market share. Banks with a market share below 1% would pay the 0.2% rate, while others would pay the 0.4% rate. Further, the tax base is to be narrowed, includin…