Romania waters downs proposed 40% withdrawal tax – Legal & compliance

The Romanian government, in its latest ordinance to update its fiscal law, amends existing proposals for a 40% tax on gambling withdrawals and changes the parentheses at each level of the starting tax to benefit the expected burden. Reduced.

The newly proposed fee is 3% ($ 2,070 / € 2,023 / £ 1,725) for withdrawals less than RON10,000, 20% tax on amounts from RON10,000 to RON66,750, additional RON300 fee and 40% withdrawal tax. A fee of RON 11,650 that exceeds that amount.

Taxes apply to income received from luck-dependent games such as lottery tickets, slot machines, and poker games.

This represents an effective reduction in tax burden from the originally proposed law, but in the current situation it is increasing.

Current law First suggestion New proposal
1% tax on withdrawals less than RON66,750 10% tax on withdrawals less than RON 3,000 3% tax on withdrawals less than 10,000 RON
16% tax on RON667.50 + RON 66,750-445,000 20% tax on RON300 + RON3,000-10,000 20% tax on RON300 + RON10,000-66,750
25% tax over RON445,000 40% tax over RON1,700 + RON10,000 RON11,650 + 40% tax above
RON66,750

In response to this change, the Romanian Online Gambling Industry Association, the Remote Gambling Organizations Association (AOJND), said in an optimistic statement, “The Romanian government has passed a law that amends the existing legal framework for gambling.” Announced.

“Major changes include advertising fees, increased annual fees, including software makers, and the scale of taxing players based on prize money. In these major changes, we remain cautious and this We carefully monitor the market and its reaction to the new reality. “

Earlier, AOJND criticized the law change and predicted that the new system would reduce taxes by 50% due to reduced activity.

At that time, AOJND President Odetanester said: “Romania emphasized that it is a success story in terms of gambling law, but this situation relies on the authorities’ ability to maintain an attractive legislative and financial framework.”

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