On 26 March 2020, the Ministry of Finance of Romania announced that taxpayers who pay the corporate income tax for the first quarter of 2020 before 25 April 2020 will be entitled for tax reduction. This includes a 5% discount for large enterprises that pay the tax due by 25 April 2020 and 10% discount for small and medium enterprises (SME) paying by that date. For taxpayers not following a calendar year, the same discounts are provided where the quarterly payment deadline is between 25 April and 25 June 2020.
Related Posts
Romania confirms BEPS MLI entry into effect for tax treaty with Montenegro
September 17, 2026
Romania deposited an updated notification on 15 September 2026 confirming the completion of its internal procedures for
Read More
Romania cuts diesel excise duty by 25% through September
September 16, 2026
Romania’s Ministry of Finance has confirmed a 25% reduction in excise duty on diesel for the period 16 September to
Read MoreRomania raises diesel excise duty reduction to 25% amid fuel price surge
August 31, 2026
Romania’s Ministry of Finance announced on 31 August 2026 that it has increased the temporary excise duty reduction
Read MoreRomania gazettes 3% tax incentive procedure for micro-enterprises
August 28, 2026
Romania's Ministry of Finance published Order No. 987/2026 (issued on 3 August 2026) in the Official Gazette (Monitorul
Read More
Romania launches tech incentive and grants scheme for AI, biotech, green energy
August 28, 2026
Romania published Government Decision (GD) No. 643/2026 in the Official Gazette (Monitorul Oficial, Nr. 699) on 24
Read MoreRomania cuts diesel excise duty by 20% in response to market surge
August 17, 2026
Romania’s Ministry of Finance announced on 13 August 2026 that it has implemented a temporary 20% reduction in excise
Read More