Romania Gazettes Law Amending Various Fiscal Code Provisions

The Romanian Official Gazette July 25 published Law No. 141/2025, amending various provisions of the Fiscal Code. The law includes measures: 1) increasing to 16 percent from 10 percent the dividend tax rate for gross dividend payments to Romanian entities; 2) imposing a 2 percent turnover tax on foreign credit institutions from Jan. 1, 2025, to June 30, 2025, and a 4 percent turnover tax from July 1, 2025, to Dec. 31, 2026, with exceptions; 3) introducing a 10 percent tax on interest income from specified bonds issued by Romanian companies; 4) exempting pensioners from social health contributions for pension ...