Regional
Romania Imposes 70% Tax on Undeclared Rental Income from 1 July 2024
Romania to enforce a 70% tax on undeclared rental income starting 1 July 2024, targeting property owners evading tax obligations.
Topic
ANAF
2 articles
Business
Romanian Ministry of Finance Unveils New Fiscal Legislation Targeting Undeclared Income
Romania introduces a 70% tax rate on undeclared incomes starting July 1, 2024, aiming to enhance taxpayer compliance and increase state revenue collections.