When I wrote in the editorial of the previous Bulletin about the "Train Ordinance" (Emergency Ordinance 138/2024), nothing suggested that significant tax changes were about to arrive on December 31 itself. In fact, on the very last day of last year, the Official Gazette published another Emergency Ordinance, 156/2024, which overnight changed many tax provisions and disrupted the plans of numerous companies and individuals. Our Bulletin also briefly covers these changes. If you feel you need further details or explanations, just let us know, and we will be ready to assist you.
Mădălina Racovițan
Tax Partner, Head of People Services, Co-Head of Consumer, Retail & Leisure
KPMG in Romania