Taxes in Romania
|
Personal Income Tax |
16% |
| Corporate Income Tax | 16% |
| Tax on Capital Gains | 16% |
| Withholding Tax | 16% or 0% |
| VAT* | 24% |
| carry-forward tax losses | 5 or 7 years |
|
* VAT rate was temporarily (for 30 months) increased in July 2010 from the level of 19% |
