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Income Taxes in Romania

Income from all sources are aggregated and taxed at a flat rate of 16 %, for individuals and corporations. Non-residents are taxed on their income from Romanian-sources. Non-residents are not allowed to directly own Romanian immovable properties.

Romania made economic reforms and income taxes are very low. While Romania's income level remains one of the lowest in the European Union, reforms have increased the growth speed.

Bc. Petr Gola