Romania Tax Agency Issues Tax Guide for Declaration of Income From Abroad

The Romanian National Agency for Fiscal Administration Dec. 23 issued a tax guide for the declaration of income from abroad. Topics covered include: 1) the declaration of income in a single tax return; 2) the list of taxpayers required to declare income earned abroad; 3) procedures for computing the average tax rate and social security contributions; 4) instructions for filing and payment of taxes; 5) the eligibility criteria for tax credits and the exemption method to avoid double taxation; 6) the May 25 deadline for tax declaration; 7) the procedure for the amending tax returns; and 8) contribution rates of ...