Romanian taxpayers, individuals and legal entities, with outstanding obligations to the state can benefit from a new tax amnesty, adopted by the authorities through Emergency Ordinance no. 107/2024 which provides, at the same time, a series of other facilities. The stated goal is to increase revenues to the state budget, especially in the context where the budget deficit assumed for the year 2024, of 5% of GDP, is not expected to be reached, the European Commission estimating that this indicator will rise to 6.9% from GDP. In this sense, the authorities claim that, from the value of current budget claims of 175 billion lei, a total of 71.8 billion lei could be the subject of tax facilities, which would benefit 330,735 taxpayers, legal entities and over 848,700 natural person taxpayers.
For more information, please see the Romanian version of this article, here.
