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 raises diesel excise duty reduction to 25% amid fuel price surge
Romania’s Ministry of Finance announced on 31 August 2026 that it has increased the temporary excise duty reduction
Read More
Romania gazettes 3% tax incentive procedure for micro-enterprises
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
Romania published Government Decision (GD) No. 643/2026 in the Official Gazette (Monitorul Oficial, Nr. 699) on 24
Read More
Romania cuts diesel excise duty by 20% in response to market surge
Romania’s Ministry of Finance announced on 13 August 2026 that it has implemented a temporary 20% reduction in excise
Read More
Romania: Personal imports of excisable goods subject to new frequency, quantity controls
Romania’s Ministry of Finance announced on 10 August 2026 that it has tightened rules on personal imports of
Read More
Romania: ANAF tightens VAT reimbursement screening with expanded risk criteria
Romania's National Agency for Fiscal Administration is amending Order No. 352/2022—which sets out the procedure for
Read More