G.E.O. 3 of 06.01.2017
The Official Gazette of Romania no.6 of 06.01.2017
• The taxpayers who report incomes from salaries, pension, self-employment activities, join-venture with a company, are exempted from the health contribution tax of 5.5% for dividend and other investments revenues.
• The limit of 5 gross average salaries for paying the health contribution of 5.5% regarding the salaries, dividend income and other investments revenues is removed
• The tax for the income resulted from the selling of real estate – personal property is withhold by the notary.
The income tax due is calculate as:
☑ Transactions with a value under 450.000RON are exempted
☑ 3% for the difference between the sell price and 450.000RON, if the transaction price is over 450.000RON
The above information represents a summary of the recently published information, with no purpose of providing consultancy. FINACO cannot be held responsible because of using the information contained in this document.
For further information, please contact:
Florica Cira | Tax advisor
Calea Turzii 111C, ap.3, Cluj Napoca
Tel: (40) 364 113 331; Fax: (40) 364 113 330