{"id":5989,"date":"2025-07-22T07:01:53","date_gmt":"2025-07-22T07:01:53","guid":{"rendered":"https:\/\/ofero.news\/?p=5989"},"modified":"2025-07-22T07:01:53","modified_gmt":"2025-07-22T07:01:53","slug":"romanias-social-democrats-propose-0-5-turnover-tax-for-profit-tax-paying-companies","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=5989","title":{"rendered":"Romania\u2019s Social Democrats propose 0.5% turnover tax for profit-tax-paying companies"},"content":{"rendered":"<p>The Social Democratic Party (PSD) of Romania will propose a new 0.5% turnover tax to apply to companies that currently pay profit tax, PSD president Sorin Grindeanu announced during a press conference on July 21, <a href=\"https:\/\/www.economica.net\/psd-cere-introducerea-unui-impozit-de-05-pe-cifra-de-afaceri-pentru-toate-firmele-din-romania-a-facut-un-plan-propriu-de-taxe-pe-capital_856662.html?mc_cid=def127ec65&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Economica.net<\/a> reported. The measure, which targets businesses other than microenterprises, is expected to be presented to coalition partners for discussion this week.<\/p>\n<p>Grindeanu did not clarify whether the new turnover tax would be levied in addition to the existing 16% profit tax or only on companies that pay a lower effective rate.\u00a0<\/p>\n<p>Currently, Romanian legislation imposes a 1% turnover tax on companies with annual revenues exceeding EUR 50 million that report losses or pay profit tax amounting to less than 1% of turnover.<\/p>\n<p>The proposed 0.5% turnover tax would thus expand the scope of turnover-based taxation beyond the current regime.\u00a0<\/p>\n<p>Grindeanu said the initiative is aimed at ensuring equity among taxpayers. \u201cIf you made a profit in Romania, [you should] pay taxes in Romania and we have nothing to do with the profit you make,\u201d he said.<\/p>\n<p>The PSD leader also indicated that the party would push for tighter regulation and taxation of profit-shifting practices, but provided no further details about the mechanisms or legislative instruments that would be used.<\/p>\n<p>The proposal comes amid rising fiscal pressures and ongoing discussions about tax reform in Romania.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\">Juan Moyano\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The Social Democratic Party (PSD) of Romania will propose a new 0.5% turnover tax to apply to companies that currently pay profit tax, PSD president Sorin Grindeanu announced during a press conference on July 21, Economica.net reported. The measure, which targets businesses other than microenterprises, is expected to be presented to coalition partners for discussion [&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-5989","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5989","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=5989"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5989\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}