Romania Plans To Introduce A New Tax On The Turnover Of Gambling Business

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January 13, 2022
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Shortly before the christmas holidays, the romanian government issued an emergency decree, which contained a call for a hard increase in taxes in a number of industries, including tax on banking assets, 3% harvest from the turnover of cellular operators and a new tax for gambling operators. Changes officially entered into force on january 1.

Romania Plans to Introduce a New Tax On the Turnover of Gambling Business

Tax on the turnover of gambling received a secret name «gambling fee». Its size is 5% of the turnover, while ground casinos accounted for only 3% of the collection. Indition, there are 16% tax, which all operators pay from gross income from gambling.

December 29, the government released a revised decree, which somewhat softened these rules. Igor’s business turnover tax was reduced to 2%. However, the government intends to apply it by the rear number to the results of the activity of gambling operators licensed in romania, in 2018. Companies will have to make this one-time fee until february 25.

This is not the first case when the governments of romania charges the tax for the revenue of past years to finance its budgetary needs. In 2015, when romania liberalized their market for gambling online games, the authorities at the last moment demanded that all potential licensees pay taxes equal to 20% of the entire revenue received from customers since 2009.

Meanwhile, some operators expressed the desire to leave the local market due to such innovations.

Recall: in the fall of 2018 in romania, the ball signed a document describing new social responsibilities for gambling operators.

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