The regulation will take effect subject to approval of the document by the legislature.
In particular, it is proposed to revise the wording of paragraph (6) of Article 352 of the Tax Code in order to allow individuals to deduct expenses incurred during the tax period for education and/or improvement of their professional qualifications when determining their taxable income.
This measure is intended to encourage citizens to invest in their own education, which will increase their qualification level, as well as promote continuous professional development and adaptation to the requirements of the modern economy (digitalization, new technologies).
As the authors of the initiative note, the current version of this paragraph regulates only the right to deduct expenses incurred for the education of dependent children. At the same time, a ceiling is set in the amount of the average wage in the economy. It is proposed to establish a fixed ceiling of 20,000 lei, applied cumulatively to all types of expenses incurred for education.
The innovation is contained in a draft that was registered in Parliament as a legislative initiative of a group of deputies from the ruling PAS party. It proposes amendments to the Tax Code and ten other legislative acts related to the tax sphere. As specified in the explanatory note to the draft, it is designed to eliminate legislative inconsistencies, clarify provisions and stimulate certain sectors of the economy through tax adjustments.
Some of the proposed changes have already been presented in our newsfeed. They concern raising the threshold for registration as a VAT payer, as well as retaining the zero income tax rate on profits not distributed as dividends in 2026. The proposal to retain the current regime of excise taxes on imported cars and postpone the introduction of VAT on their import is from the same package of initiatives.
