- Posted by: eyrom
- Category: Uncategorized @ro
Amendments to the computation method of land tax with respect to the surface of land located within urban limits (Romanian ‘intravilan’)
The computation method for assessing the land tax in case of land located within urban limits (“intravilan”) and which is registered in the Agricultural Register in a different category of use than ‘land with constructions’ will no longer depend on the surface threshold of 400m2.
Therefore, irrespective of the surface of such type of land, the land tax will be computed in accordance to the provisions of paragraph 3 of article 465 of the Tax Code.
The amendments brought by Law no. 196/29 September 2017 will enter into force starting 1 January 2018.
Author: Cristina Hudac, Tax Senior Manager
For additional information, please contact:
Alex Milcev, Partner – Head of Tax&Legal