The Corporate Tax Rate in Romania stands at 16 percent.

Corporate Tax Rate in Romania averaged 22.20 percent from 1995 until 2019, reaching an all time high of 38 percent in 1996 and a record low of 16 percent in 2005. This page provides - Romania Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Corporate Tax Rate in Romania is expected to be 16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Corporate Tax Rate is projected to trend around 16.00 percent in 2020, according to our econometric models.

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Romania Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.00 16.00 38.00 16.00 1995 - 2019 percent Yearly

Romania Corporate Tax Rate
In Romania, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Romania.