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The tax refunds on buildings for the period of emergency entered the last hundred meters

The tax refunds on buildings for the period of emergency entered the last hundred meters

Material by Ana Petrescu, Senior Direct Tax Manager, and Robert Ionescu, Senior Direct Tax Consultant, Deloitte Romania

 

The owners of buildings included in the economic circuit can benefit from a reduction of the property tax under certain conditions, based on a normative act adopted in the context of the COVID-19 pandemic which, however, left it to the local authorities to decide whether or not to grant this facility, in what amount and for what period.

For more information, please see the Romanian version of the article, here.

 

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DELOITTE CONSULTANTA SRL