Romanian licensees hit with new 2% turnover tax

Romanian licensees hit with new 2% turnover tax

Friday, January 4, 2019 Posted by News Team
Romania
Tax to be paid in addition to existing 16% GGR tax imposed on operators

The Romanian government has enforced a new 2% tax on iGaming operators’ turnover, effective January 1. 

The turnover tax must be paid monthly by the country’s licensed iGaming companies, in addition to the existing 16% gross revenue tax, which has been in place since the country’s market opened to private operators in July 2015. 

It has been imposed after being published in the Romanian Government’s Official Gazette late last year, as part of Government Emergency Ordinance (GEO) 114/2018. 

While the 2% turnover tax will be used to help fund government spending, GEO 114/2018 also imposes additional costs, namely a €5,000 fee for iGaming licencees, and an additional €1,000 charge on land-based gaming operators. 

This, along with a fixed fee of €3,600 per physical slot machine, will be used to fund the country’s gambling regulator Oficiul National Pentru Jocuri de Noroc (ONJN).

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