{"id":12592,"date":"2026-10-22T07:00:48","date_gmt":"2026-10-22T07:00:48","guid":{"rendered":"https:\/\/ofero.news\/?p=12592"},"modified":"2026-10-22T07:00:48","modified_gmt":"2026-10-22T07:00:48","slug":"romanias-new-government-to-maintain-turnover-tax-on-banks-in-2027","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=12592","title":{"rendered":"Romania\u2019s new government to maintain turnover tax on banks in 2027"},"content":{"rendered":"<p>The additional tax on oil and gas companies (ICAS) is also likely to remain in some form, given the sector\u2019s exceptional profits, which the government considers a potential source of additional revenue, according to information obtained by <a href=\"https:\/\/www.profit.ro\/taxe-si-consultanta\/exclusiv-ultima-ora-impozitul-cifra-afaceri-banci-ramane-anul-urmator-domenii-eliminat-tinuta-impozitare-suplimentara-companiile-petrol-gaze-22869023?mc_cid=367c9c3b7d&amp;mc_eid=cd1f92f96c\">Profit.ro<\/a>. By contrast, the tax on special constructions, commonly known as the \u201cpole tax\u201d, is expected to expire as scheduled on January 1, 2027.<\/p>\n<p>The banking sector\u2019s additional turnover tax is currently due to expire on December 31, 2026. Although its elimination has been discussed previously, the tax was retained and significantly increased in the summer of 2025.<\/p>\n<p>For 2026, it was expected to generate RON 2.7 billion in budget revenue, on top of other taxes and duties, including corporate income tax.<\/p>\n<p>The elimination of IMCA, which applies to companies with annual turnover exceeding EUR 50 million, is included in the government programme.<\/p>\n<p>Finance minister Alexandru Nazare previously said that a decision on ICAS would be made during preparations for next year\u2019s budget. However, Profit.ro\u2019s latest information suggests that the oil and gas sector is unlikely to escape additional taxation altogether.<\/p>","protected":false},"excerpt":{"rendered":"<p>The additional tax on oil and gas companies (ICAS) is also likely to remain in some form, given the sector\u2019s exceptional profits, which the government considers a potential source of additional revenue, according to information obtained by Profit.ro. By contrast, the tax on special constructions, commonly known as the \u201cpole tax\u201d, is expected to expire [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12592","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12592"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/12592\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}