Romania Increases Tax Rate on Dividends, Revises Micro-Enterprise Regime, and Reintroduces Tax on Certain Constructions
Romania has published Emergency Ordinance no. 156 of 30 December 2024, which contains several amendments to the Tax Code (Law no. 227/2015) that generally apply from 1 January 2025. One of the key changes is an increase in the tax rate on dividends from 8% to 10%. The increase applies for the withholding tax on dividend distributions between Romanian legal entities and on dividend distribution…
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