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
Foto shutterstock.com
Always see our news on Google
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
Latest News
08:48
Rheinmetall lowers its financial forecasts for 2026 due to delays in defense contracts and ammunition deliveries
08:47
Flooding risk at the Băița Mine / Bihor County Committee for Emergency Situations declares a state of emergency
08:35
Operation Jupiter: The Romanian Police are carrying out 91 operational actions and 397 searches. The damages in the cases exceed 33 million lei
08:29
EXCLUSIVE | November 5, 2026. Online search trends / past 24 hours
08:25
The first public statement by the goalkeeper involved in the death of footballer Jesús de Miguel: “These are the hardest days of my life”
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
