New taxes in the second package of deficit reduction measures

The Ministry of Finance has published new proposals for taxes and duties that would be included in package II of deficit reduction measures. The health contribution will be increased for those with income from self-employment, and owners with income from short-term rentals will be required to use cash registers and issue tax receipts. These are among the provisions included in this project, put into public debate with a direct impact on individuals as well.

Reporter: The document provides for an increase in the calculation base for CASS to 90 gross minimum salaries per country for Romanians who earn income from self-employment. Currently, the calculation base is 60 minimum salaries.

The measure would apply from January 1, 2026.

Also from then on, flat-rate expenditure rates of 30% should be applied to the gross annual income collected from rental income, and owners who rent on a short-term basis will be required to use cash registers and issue tax receipts in order to be taxed.

Another proposed measure is to increase tax rates for stock market gains, that is, income obtained from the transfer of securities and from operations with derivative financial instruments.

Thus, the tax rates of 1 and 3% respectively increase to 2 and 4 percent.

These provisions are in addition to those presented two days ago by the Minister of Finance, Alexandru Nazare, regarding the taxation of multinationals exactly in the area where they export their profits.

There is also talk of introducing a fixed fee of 25 lei for each parcel under 150 euros that comes from the non-European Union area, such as China or Turkey.

Finance expects to obtain around 1.3 billion lei from this fee alone and about two billion lei from the new fee for multinationals.

Translated by: Radu Matei