Romania:
New Salary Tax Rates Applicable To Salaries Paid In July 1996
12 July 1996
Pricewaterhouse Coopers
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***FLASH REPORT***
Taxable monthly income Tax on lower amount Tax rate on bracket
(ROL) (ROL) %
0 - 10,400 0 5
10,401 - 11,500 520 8
11,501 - 15,400 608 14
15,401 - 26,300 1,154 17
26,301 - 42,800 3,007 18
42,801 - 63,900 5,977 19
63,901 - 108,000 9,986 20
108,001 - 150,700 18,806 21
150,701 - 214,200 27,773 22
214,201 - 321,200 41,743 25
321,201 - 429,300 68,493 28
429,301 - 535,900 98,761 32
535,901 - 613,600 132,87336
613601 - 1,148,400 160,84540
1,148,401 - and up 374,76560
The tax free limit is ROL 96,300.
Contact Information
Further information can be obtained from:
Ron Barden
Price Waterhouse Romania
Union International Center
11 Campineanu Street
Sector 1, Bucharest
Romania
Tel No.: 40-1-311-2455
Fax No.: 40-1-312-3334
Disclaimer
The above information is a short summary of recently published information and is not intended to be advice on any particular matter. Price Waterhouse expressly disclaims any liability to any person in respect of anything done in reliance of the contents of this publication.
For further information on Taxation in Romania enter a text search 'Price Waterhouse' and 'Business Monitor'.
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