Taxation of Dividends in 2025

Adopted at the end of 2024, Emergency Ordinance No. 156/2024, also known as the "Train Ordinance," introduces significant fiscal changes, including those regarding dividend taxes. These changes are part of a broader package of measures aimed at increasing state budget revenues. Key Changes in Dividend Taxation Dividends distributed after January
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Order regarding the increase of cultural voucher values

The Order of the Minister of Finance no. 4,680/2024, which sets the indexed value of cultural vouchers for the second semester of 2024, has been published in the Official Gazette. According to this order, starting from October 2024, the maximum value of cultural vouchers granted is 220 RON per month
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RO e-Invoicing and RO e-VAT system updates

On June 21, 2024, Emergency Ordinance no. 69/2024 was published, which brings amendments and additions to the regulations regarding the management and implementation of the national system for electronic invoicing, RO e-Factura, and electronic fiscal cash registers, along with other fiscal measures. Key Changes to the RO e-Factura System Extension
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Legislative Change Regarding VAT Deduction for Travel Invoices

Significant changes in Romanian tax legislation have come into effect, affecting companies' ability to deduct VAT for invoices related to employees' and administrators' travel expenses. According to a Government decision, the possibility to deduct VAT for travel invoices issued in the name of employees or administrators has been eliminated. This
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Changes regarding Health Insurance Contributions for Medical Leave

As of April 12, 2024, Government Emergency Ordinance 34/2024 has come into force, bringing significant changes regarding the obligation to pay Health Insurance Contributions (HIC) for medical leave, in accordance with the provisions of Government Emergency Ordinance 158/2005. According to the provisions of Government Emergency Ordinance 34/2024, it has been
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New regulations introduced by Emergency Ordinance 115 – Individual taxation

In the context of recent legislative changes, significant modifications are made regarding the application of income tax exemption. The new rules cover various aspects, including salary income, the value of subscriptions, and various benefits granted by employers to their employees.   Below, we will detail the main changes and their implications. 
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