The Prime Minister of Romania has confirmed that the country’s 16 percent flat rate of corporation tax will be kept until 2016. The rate is being kept the same to provide investors with more stability and certainty in taking investment decisions in Romania.
For the same reason it has also been confirmed that any adjustments to the tax rules are likely to relate to individuals rather than to companies. A tax reduction has been proposed for individuals on very low incomes, while a solidarity tax if imposed would only be payable by high earners.
