{"id":116701,"date":"2022-07-18T01:11:34","date_gmt":"2022-07-17T22:11:34","guid":{"rendered":"https:\/\/rhn.ro\/horeca-taxation-changes-effective-january-1-2023\/"},"modified":"2026-03-06T23:37:21","modified_gmt":"2026-03-06T21:37:21","slug":"horeca-taxation-changes-effective-january-1-2023","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/horeca-taxation-changes-effective-january-1-2023\/","title":{"rendered":"HORECA Taxation Changes Effective January 1, 2023"},"content":{"rendered":"<p>The 1% turnover tax or the corporate income tax option in HORECA will come into effect on January 1, 2023, following the adoption of the <a href=\"https:\/\/mfinante.gov.ro\/documents\/35673\/5553347\/proiectOrdonantamodifCF_12072022.pdf\" target=\"_blank\" rel=\"noopener\">Ordinance amending the Fiscal Code<\/a>, which was announced by the Minister of Finance after the Executive meeting on Friday, July 15.<\/p>\n<p>Romania is in a process of accelerated reform and fiscal consolidation, an operation long delayed that led to an excessive deficit situation in 2020.<\/p>\n<p>The adopted form was the result of debates with the business environment that produced adjustments.<\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What are the main tax changes for HORECA in 2023?<\/strong><\/p>\n<p>Starting January 1, 2023, HORECA businesses will switch to either a 1% turnover tax or corporate income tax, replacing the specific tax.<\/p>\n<p><strong>Why were these fiscal changes implemented?<\/strong><\/p>\n<p>The changes are part of a broader fiscal consolidation and reform process aimed at reducing the excessive budget deficit.<\/p>\n<p><strong>Was the business community involved in these changes?<\/strong><\/p>\n<p>Yes, the final version of the Ordinance resulted from consultations and debates with business representatives to ensure necessary adjustments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 1% turnover tax or the corporate income tax option in HORECA will come into effect on January 1, 2023, following the adoption of the Ordinance amending the Fiscal Code, which was announced by the Minister of Finance after the Executive meeting on Friday, July 15. Romania is in a process of accelerated reform and&hellip;<\/p>\n","protected":false},"author":0,"featured_media":90066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[3196],"thb-sponsors":[],"class_list":["post-116701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants","tag-horeca-en"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/hotelieri-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/116701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=116701"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/116701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/90066"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=116701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=116701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=116701"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=116701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}