Politics
Small banks are forgiven by doubling additional tax – they will continue to pay 2% of turnover
Banking Operation, Photo: Inquam Photos / Octav Ganea
Banks holding a market share of less than 0.2% of the total net assets of the banking sector in Romania will continue to pay an additional 2% tax, according to the form adopted by the Government of the draft law with budget adjustment measures. For the rest of the credit institutions, the additional tax rate is stipulated to increase to 4% from July 1, 2025.
The Executive introduced in the meeting on Friday afternoon the provision that banks with a market share of less than 0.2% continue to pay a 2% tax. In the draft law published on Thursday, they did not have a special tax regime.
Read the continuation on profit.ro.
