On 15 May 2020, Romania has published Law No. 54 in the official gazette no. 396, which provides a discount provision on corporate income tax due for the 2nd and 3rd quarters of 2020 in response to the COVID-19 pandemic. This provision includes a 10% discount on the tax due for taxpayers that pay their tax for the second quarter by 25 July 2020 and that pay their tax for the third quarter by 25 October 2020.
Related Posts
Montenegro approves tax treaty negotiations with Romania
October 30, 2026
The Montenegro government issued conclusions on 28 October 2026, approving the start of negotiations with Romania for a
Read More
Romania removes mandatory responses to RO e-TVA notices
October 30, 2026
Romania has relaxed its RO e-TVA requirements from 1 January 2026. Businesses are no longer generally required to
Read MoreRomania maintains diesel excise tax cut through October 2026
October 16, 2026
Romania’s Ministry of Finance announced on 15 October 2026 that it has extended the temporary 25% reduction in excise
Read More
Romania deposits ratification instrument for pillar two subject to tax rule convention (STTR MLI)
October 05, 2026
Romania has deposited its instrument of ratification for the Multilateral Convention to Facilitate the Implementation
Read More
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 MoreRomania 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 More