The Ministry of Finance has proposed to increase the additional turnover tax for banks from 2% to 4%, starting July 1, 2025.
Cristina Petrache
Economy
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Under the draft, banks will be charged an additional 4% tax rate on turnover, which will double the tax burden for the third and fourth quarters of 2025. This change cancels tax relaxation plans for 2026, leaving banks with a much higher tax burden than they had anticipated. Currently, banks are subject to a 16% corporate tax and a 2% specific tax, which was set to fall to 1% in 2026.
Sources
Băncile vor avea o sarcină fiscală dublă pentru trimestrele III și IV din acest an
Băncile vor avea o sarcină fiscală dublă pentru trimestrele III și IV din acest an, spune un reputat consultant fiscal
Explicație pentru bănci - vor avea o sarcină fiscală dublă. 2025 va fi un an cu două viteze și cu o povară fiscală de patru ori mai mare
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