Additional tax for credit institutions, Romanian legal entities, and Romanian branches of credit institutions — foreign legal entities

Applicability
Romanian legal entity credit institutions and Romanian branches of credit institutions.

Computation formula
The tax is computed by applying the following tax rates to the turnover:
⮚  2%, for the period January 1, 2024—December 31, 2025, inclusive.
⮚  1%, starting from January 1, 2026.

The turnover considered as the basis for applying the above-mentioned tax rates includes the following revenue categories:
⮚  income from interest; income from dividends; income from fees and commissions; gains (losses) from the derecognition of financial assets and liabilities that are not valued at fair value through profit or loss, net; gains or losses related to financial assets and liabilities held for trading, net; gains or losses related to financial assets not intended for trading, necessarily valued at fair value through profit or loss, net; gains or losses related to financial assets and liabilities designated as measured at fair value through profit or loss, net; hedge accounting gains or losses, net; exchange rate differences (gain or loss), net; gains or losses from the derecognition of non-financial assets, net; other operating revenues.