Romania Gazettes Amends Emergency Ordinance on Economic Recovery Tax Measures

The Romanian Official Gazette Dec. 24, 2025, published Emergency Ordinance No. 89, on economic recovery tax measures. The ordinance includes measures: 1) reducing, to 0.5 percent, the minimum turnover tax rate through Dec. 31, and eliminating the tax in 2027; 2) requiring taxpayers reducing the value of specified assets to maintain them in the patrimony for up to five years; 3) applying a single 1 percent income tax rate to micro-enterprises, regardless of income or activity type; 4) increasing, to 16 percent from 10 percent, the tax rate on income from goods and services provided to or by shareholders, from ...