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: ANAF modernises advance pricing agreement rules
June 11, 2026
Romania's National Agency of Fiscal Administration (ANAF) has unveiled a draft Order to replace the longstanding procedure governing advance pricing agreements (APAs), which has operated under Order No. 3735/2015 for over a decade. The proposed
Read More
Barbados, Cyprus, the Czech Republic, and Romania join multilateral competent authority agreement on the exchange of GloBE information (GIR MCAA)
June 08, 2026
The OECD announced that the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) was signed by Barbados and Cyprus on 12 May 2026, by the Czech Republic on 11 May 2026, and by Romania on 9 April 2026. A key
Read MoreRomania gazettes simplified e-invoicing rules with key exemptions, digital updates
June 04, 2026
Romania's Parliament formally approved sweeping amendments to its electronic invoicing framework through Law No. 88, which brings Government Emergency Ordinance No. 128/2024 into effect on 29 May 2026. The changes, originally issued on 7 November
Read MoreRomania: ANAF proposes stricter rules for profit tax redirection for sponsorships, patronageÂ
June 02, 2026
Romania’s tax authority, the National Agency for Fiscal Administration (ANAF) announced, on 28 May 2026, that it has proposed amendments to ANAF Order no. 3562/2024, which governs the procedures for redirecting corporate profit tax toward
Read MoreRomania increases mining tax rates under new government decision
May 26, 2026
Romania has raised annual mining tax rates through Decision No. 391, published on 14 May 2026 in the Official Gazette, with the changes taking effect from 15 May 2026. The new rates, established under Article 44 of Mining Law No. 85/2003,
Read MoreRomania simplifies RO e-Invoice system for small businesses, individuals
May 19, 2026
Romania’s Ministry of Finance announced on 18 May 2026 that it has supported an amendment adopted in the Budget-Finance Committee of the Chamber of Deputies, which simplifies the rules for using the RO e-Invoice system. The amendment, which
Read More