The tax on buildings will increase from next year, both for individuals and for legal entities, and only in certain exceptional cases it will remain unchanged compared to 2022, according to an analysis carried out by Deloitte. Thus, the tax differentiation is eliminated depending on the type of owner – individual or company.
“Although there are still unclear elements regarding the method of application, it seems to be a certainty that there will be an increase or, at best, in exceptional situations, the same tax will be applied as in 2022,” says Ana Petrescu-Mujdei, Senior Manager, Direct Taxation, Deloitte Romania.
Currently, the tax rates have maximum values – 0.2 percent for residential buildings and 1.3 percent for non-residential buildings – local authorities having the possibility to apply higher tax rates, but which cannot exceed the maximum limit by more than 50 percent.
Starting next year, the tax on buildings will be differentiated only according to the nature of the building, and the minimum rates will increase, without a maximum threshold.
Source: Economica.net
