Romania levies a 3 to 40% rate of taxation on gambling gains.

Romania

The government has approved a hefty tax hike on player winnings to be enforced by Romania’s Fiscal Code, which will put Romanian gambling firms through a difficult time of regulatory adjustment.

As of August 1, all licensed Romanian operators (both land-based and online) would be required to implement a new “withholding tax structure” on player winnings across all gaming niches, as approved by Parliament.

All ONJN-licensed gambling businesses are required to implement a new tiered framework for withholding player winnings, as announced in the government’s most recent gazette.

For winnings under RON 10,000 (€2000), the new withholdings tax will be 3 percent; for winnings between RON 10,000 and 66,750 (€13,600), the tax would be 20 percent. Player earnings over RON 66,750 will be taxed at a rate of 40% in the top tier.

Categories:

Tags:

Share:

Facebook
Twitter
LinkedIn
Email
Nassima Azmzm

Nassima Azmzm

Leave a Comment

0 responses on "Romania levies a 3 to 40% rate of taxation on gambling gains."

Leave a Message



Qasiknow.com is born out of the necessity of sharing information and knowledge with everyone in the gaming industry who is interested in learning, growing, discovering different points of view and ways of doing things.

Upcoming Events

top
Copyright ©️ Qasiknow.com | All rights reserved.