Romania: Fiscal Code amendment increases taxation of oil and gas companies (…)

November 21, 2024

Fiscal Code amendment increases taxation of oil and gas companies in Romania
Nov 21, 2024

Fiscal Code amendment increases taxation of oil and gas companies in Romania.

An amendment to the Fiscal Code in Romania, already promulgated by president Klaus Iohannis, introduces a 0.5% turnover tax owed by all oil and gas companies, irrespective of their size or profitability, on top of the 1% turnover tax owed by all companies in the country (irrespective of their (…)

[Read the article in Romania Business Insider]

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