Romania

Individual - Significant developments

Last reviewed - 21 July 2020

Individuals’ income from virtual currency transfers is subject to a 10% self-assessed tax on the gains, based on their Single Statement. The gains are determined as the positive difference between the sale price and the purchase price, including the direct costs of the transaction. Gain below 200 Romanian leu (RON) per transaction is not taxable if the total gains in a fiscal year do not exceed RON 600.

For the period 1 January 2019 through 31 December 2028, certain tax and social security incentives have been introduced for employers and employees in the construction sector, under certain conditions.