The most important amendments brought include the following:
- Starting with year 2015, the construction tax rate is decreased from 1.5% to 1%;
- The value of any reconstruction, modernization, consolidation, modification or extension works for constructions which are rented, under administration or use, is excluded from the computation base of construction tax;
- The Law provides also some other exemptions from the computation base of construction tax (e.g. the value of constructions located outside Romanian state borders, etc.).
