Romania: Tax on constructions decreases to 1%

Tax on constructions decreases to 1%

Starting with the 2015 tax year, the rate of the tax on constructions will decrease to 1% (from 1.5%).

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Law no. 11/2015, approving Government Emergency Ordinance no. 102/2013 on amendments to the Fiscal Code and regulations of some financial and fiscal measures, has been published in the Official Journal of Romania (no. 24; 13 January 2013).

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