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Romania Lowers Special Constructions Tax to 1%

|Approved Changes|Romania
Romania

On 13 January 2015, Romania published the law approving a reduction in the country's tax on special constructions from 1.5% to 1% effective 1 January 2015. The special constructions tax was introduced the end of 2013, and applies from 1 January 2014 on most constructions that are not subject to buildings tax, such as oil and gas wells, drilling platforms, power stations, railways, roads, etc.

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