Romania: Tax amendments include increased dividend withholding tax rate, tax on special constructions

Dividend withholding tax rate increased from 8% to 10% effective January 1, 2025

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February 14, 2025

Romania amended its tax law, increasing the dividend withholding tax rate and reintroducing the tax on special constructions.

  • Withholding tax rate on dividends: The withholding tax rate on dividends distributed to both residents and nonresidents was increased from 8% to 10% for dividends paid after January 1, 2025.
  • Tax on special constructions: A 1% tax on non-building constructions owned by legal entities as of the previous year's December 31, is reintroduced, payable in two installments, with implementation norms set before April 1, 2025, as per Government Emergency Ordinance No. 156 in Official Gazette No. 1.334 on December 31, 2024.


For more information, contact a KPMG tax professional in Romania:

Vlad Craciun | vcraciun@kpmg.com

 

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