The amendments to the Tax Code are aimed at optimizing the current legislation in line with the development of economic and social processes and provide for a number of measures and tools developed and promoted to stimulate the country’s economy.
Among the innovations is a one-year extension of the income tax deferral period for small and medium-sized enterprises in case of non-distribution of profits received in the form of dividends or shares.
Another amendment provides for the right to deduct expenses incurred by producers of electricity from renewable sources if they transfer free of charge electrical installations, transmission lines and transformer stations in accordance with the provisions of Law No. 164/2025 on Electricity.
It also introduces an increase in the amount of deduction of expenses incurred during the tax period for education and/or advanced training up to 20 thousand lei in aggregate.
The limit amount of registration as a VAT subject is increased from 1.2 million lei to 1.5 million lei. The introduction of a VAT regime for cars is canceled and the current regime of excise duties on imports is maintained.
Another innovation is the abolition of the rule regulating the taxation of salaries of employees in the field of automobile passenger transportation in cab mode and their taxation according to general principles (from July 1, 2026).
The amendments introduced by the above-mentioned law also provide for the postponement of the entry into force of the rules of the Customs Code concerning monetary recalculations used to determine the customs value of goods denominated in foreign currency, concerning the submission, amendment and cancellation of the consolidated declaration and ensuring centralized customs clearance.
At the same time, a one-year postponement of the entry into force of the rules concerning the introduction of a national tobacco traceability system is envisaged.
