Taxes based on the age of the building

Local taxes for buildings will be reduced by 15% for those between 50 and 100 years old and by 25% for buildings over 100 years old.

The regulatory act also provides for reductions of up to 50% in taxes paid for properties owned by people with disabilities, after the exemptions they benefited from were completely eliminated at the beginning of the year.

These values ​​apply from January 1, and city halls will be able to recalculate the new taxes within 15 days of the date of entry into force of the emergency ordinance, in the sense of reducing them, but not below the standard tax rate provided for by law.

Local authorities will be able to refund the amounts already paid to those entitled, according to the executive.

Translated by: Radu Matei