Changes in the tax rates 2026-2027

Changes in the tax rates 2026-2027

For the fiscal year 2026, minimum turnover tax applicable to taxpayers with an annual turnover of more than 5,000,000 euros (IMCA), is reduced from 1% to 0.5%.

IMCA applies until 31st December 2026, being repealed in 2027.

Starting with 2026, a single tax rate is applied to the income of microenterprises, regardless of the type of the activity: 1%; but the annual turnover is decreased to
100.000 Euro (from 250.000 Euro).

Starting with 2027, the construction tax is repealed.

Income tax

  • Starting January 2026, income tax is increased from 10% to 16% for the following categories of income:
  • Dividends distributed to individuals starting 2026, gains from the transfer of securities, derivative financial instruments or from the transfer of investment gold, which are not carried out through Romanian intermediaries. Regardless of whether the income is obtained from Romania or from abroad (in the case of resident individuals), the increase in the tax rate will ultimately mean an additional tax burden for investors.
  • Goods and/or services received by shareholders from the company, granted/provided by the company for their personal use; a distribution of participation titles, made by a legal person to a participant in the legal person, as a consequence of holding participation titles in that legal person (other than the distribution of new shares, registered as a result of the incorporation of reserves, benefits or share premiums).

The measure envisages the taxation of this income and income in the form of dividends by applying a rate at the same level.

  • Earnings from virtual currency transfers.
  • From 2026, for gains from the transfer of securities and derivatives, carried out through Romanian intermediaries, held/traded after a period ≥ 365 days, the tax rate increases from 1% to 3%.

For those held/traded < 365 days, the tax rate increases from 3% to 6%.

Local taxes

Building tax

  • The building tax per sqm for residential buildings owned by individuals is
    increased by 268%. For example, what was the base of 1,000 lei/sqm on 01.01.2016 became 2,677 lei/sqm on 01.01.2026.
  • The provisions according to which the taxable value of the building is reduced depending on the year of its completion have been repealed.
  • The tax rate is selected by the administrative-territorial units from the same range of rates provided for in the Fiscal Code (0.08% – 0.2%), with the mention that the new legislative provision does not allow the adoption in 2026 of a lower rate than last year.
  • For legal entities, the provisions regarding residential and mixed-use buildings will be eliminated from 2027, leaving only those pertaining to non-residential buildings.

Land tax

  • The land tax is increased for land located outside and within urban areas, registered in the agricultural register in a use category other than that of land with buildings.
  • Land tax will be due for the beach used for economic activities.

New categories of exempt buildings and land are introduced (e.g. new buildings and the related land from investments in the manufacturing, warehousing and logistics industry – exemption for 2 years from reception).

Tax on means of transport

  • For registered vehicles, the method of calculating the tax is changed, so it is calculated according to the cylinder capacity and the pollution norm, by multiplying each group of 200 cm3 or fraction thereof by the corresponding amount provided for by law.
    The relevant ministries will collaborate for the exchange of data regarding the pollution norm.
  • In the case of hybrid means of transport with CO2 emissions less than or equal to 50g/km, the tax is reduced by a maximum of 30%, according to the decision of the local council/General Council of the Municipality of Bucharest.
  • In the case of electrically powered vehicles, the tax on means of transport is 40 lei/year.

The percentage by which local bodies can increase local taxes

The percentage of the additional quota on local taxes and fees is increased, which can be up to 100% (increased from 50%) compared to the maximum levels established by the Fiscal Code.

Special tax on high-value immovable and movable assets

It also increased the special tax rate on high-value immovable and movable assets (residential buildings with a taxable value of more than 2.5 million lei and cars with a purchase value of more than 375,000 lei) from 0.3% to 0.9%.

  • In the case of residential buildings, 0.9% rate applies on the difference between the taxable value of the building communicated by the local tax authority and
    the ceiling of 2.5 million lei.
  • In the case of cars, 0.9% rate applies on the difference between the acquisition value and the ceiling of 375,000 lei.

Tax on non-EU parcels

Parcels with a value under 150 euros arriving from outside the European Union will be charged 25 lei.