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.

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Nassima Azmzm

Nassima Azmzm

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