√ Taxable thresholds on gambling revenues decreased
√ Tax rates on players’ revenues increased up to 40%
A draft Ordinance amending and supplementing Law no. 227/2015 on the Fiscal Code purports to amend the current provisions on gambling taxation bringing more severe tax rates. Its provisions will presumptively enter into force on 1 August 2022.
Most relevant amendments include:
- Romanian legal entities that operate in the field of gambling can no longer be subject to the rules for taxing the incomes of microenterprises (ie, companies with turnover below EUR 1 million).
- Player’s revenues continue to be subject to withholding tax regime. Taxes should be withdrawn from each payment made to players, while the rates will change as follows:
|
Current regime |
Draft Ordinance |
||
| Revenues below RON 66,750 |
1% |
Revenues below RON 3,000 (inclusively) | 10% |
| Revenues between RON 66,750 – 445,000 |
RON 667.5 + 16% of what exceeds RON 66,750 |
Revenues between RON 3,000 – 10,000 (inclusively) |
RON 300 + 20% of what exceeds RON 3,000 |
| Revenues above RON 445,000 |
RON 61,187.5 + 25% of what exceeds RON 445,000 |
Revenues above RON 10,000 |
RON 1,700 + 40% of what exceeds RON 10,000 |
- The non-taxable threshold for revenues from casino games, poker clubs, slot machines and scratch cards decreases from RON 66,750 to RON 600.
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