On October 6, President Klaus Iohannis promulgated the law regarding the specific tax for certain tourism activities, after deputies modified the calculation method of this tax for restaurants, following a request for re-examination; it will now depend more on the location where the establishment is situated than on the type of resort.
The Chamber of Deputies, as the decision-making body, only partially admitted the President’s objections from the re-examination request.
For the final form of the law CLICK HERE
Source: Economica
Frequently Asked Questions
What is the specific tax in tourism?
The specific tax is a fixed annual tax applied to companies in the tourism and public catering sectors, replacing the corporate income tax or micro-enterprise tax.
How is the new tax for restaurants calculated?
The calculation now depends more on the specific location and the surface area of the establishment rather than just the type of tourist resort.
When was this law promulgated?
The law was promulgated by President Klaus Iohannis on October 6, following a re-examination process in Parliament.