The Ministry of Finance has developed the method of applying the tax on special constructions, based on the proposals of the targeted sectors, with state budget revenues estimated at 1 billion RON in 2025, the ministry announced on Friday.According to a press release sent on Friday, during February and March, the Ministry of Finance held consultations with representatives of all the sectors concerned to establish the most efficient way to implement the tax on special constructions.Thus, given the need to clarify the calculation and declaration mechanism of the construction tax, taking into account the analysis of the collection level that can be achieved through this tax and the impact that it can have on the business environment, the Emergency Ordinance was drafted to amend and supplement Title X of Law 227/2015 on the Fiscal Code, the quoted source states."Through the emergency ordinance published today in transparency, we ensure revenues at least at the level of the initial estimates of 1 billion lei in 2025, through a regulation that takes into account both the need for collection efficiency and the feedback received from economic sectors. Private companies requested that taxation be applied not to the gross value of the constructions, but to their net value. Taking into account this proposal, we decided to apply a 1% tax on the net value of special constructions for the private sector. At the same time, based on the proposals of public infrastructure administrators and analyses, we established a taxation level of 0.5% for special constructions owned by the state or local authorities, concessioned or given under administration, because in these cases the tax is applied to the historical value of the constructions," Deputy Prime Minister Tanczos Barna, Minister of Finance, said, quoted in the press release.The draft normative act also includes measures aimed at some amendments to the provisions in the field of construction tax, namely clarifications regarding the establishment of the taxable base in the case of investments made by taxpayers in constructions used under management/concession/free use contracts/rental/management lease/joint venture and the like.Other amendments refer to the establishment of rules for calculating, declaring and paying the tax in the case of taxpayers who have a modified fiscal year, for those who cease to exist or for taxpayers newly established during the year, as well as the establishment of the scope of application of the tax in the sense of applying it only to constructions located on Romanian territory.The draft Emergency Ordinance for amending and supplementing Title X of Law No. 227/2015 on the Fiscal Code was made transparent on the website of the Ministry of Finance.
Romanian gas producer Romgaz (BVB: SNG) has filed an action with the European Court of Justice against the European Commission, requesting the annulment of certain regulations that impose CO2 storage quotas on oil and gas companies. The company considers the quotas disproportionate. It is the first time that Romgaz has initiated a direct action against […]
Bucharest residents can donate clothes in good condition, non-perishable food, and toys for the families affected by the explosion that left 3 dead and many others injured, and nearly collapsed the apartment building in District 5 on Friday, October 17. "Following the devastating explosion in District 5, entire families have been left without housing, and […]
RoPower Nuclear, the developer of the SMR (small modular reactor) project in Doiceşti, Romania, announced the signing of a contract with Studsvik Scandpower, one of the global leaders in software dedicated to nuclear fuel analysis, on Friday, October 17. The president of the Swedish group emphasized that Romania is setting an important precedent for the […]
Energy regulator ANRE has launched an investigation into whether the gas distributor followed proper safety procedures before the powerful explosion that killed three people and injured others at an apartment building in Bucharest’s Rahova district on Friday morning, October 17. According to
In the first half of 2025, Romania ranked 52nd worldwide among the countries most frequently affected by cyber activities, according to the new Microsoft Digital Defense Report. The sixth annual report, covering trends from July 2024 to June 2025, emphasizes that traditional security measures are no longer sufficient. Modern defenses and strong collaboration between industries […]
Via Transilvanica, the long-distance trail that traverses Romania’s cultural, historical, and natural landscapes, has been awarded silver in the “Peace, understanding and inclusion” category at the 2025 Europe Responsible Tourism Awards. The initiative is organized by the International Centre for Responsible Tourism Global (ICRT Global). The award ceremony took place at the Press Club Brussels […]
