Romanians who buy buildings and land plots this year, pay the taxes next year
The local taxes for buildings, land plots, and cars that are purchased this year will be paid by the new owners only in 2017. Only the sellers will pay the taxes this year as they owned the assets on December 31, 2015, said Daniel Pana,…
Romania Insider · Journalist
· Updated · 1 min read
The local taxes for buildings, land plots, and cars that are purchased this year will be paid by the new owners only in 2017. Only the sellers will pay the taxes this year as they owned the assets on December 31, 2015, said Daniel Pana, senior tax manager at KPMG. “Each taxpayer will pay this year taxes for everything he owned on December 31, 2015,” said Pana, cited by local Mediafax. The new Fiscal Code and the Fiscal Procedure Code brought these changes into force. The deadlines for paying taxes are still March 31 and September 30. editor@romania-insider.com
