The decree on the increase of taxes (16/2022) is in the parliament, being in the senate, and in this legislative act there are changes in the field of property taxes in the sense of increasing several times from next year, as the expert Adrian recently explained to us Vasco.

Well, it seems that the property tax will not be increased several more times, because an amendment of the Ministry of Finance has appeared in the relevant commissions. Essentially, it returns to its current form, but the taxable value increases by 50%, as shown in a document presented by Profit.ro.

The current form states that the taxable value of land, expressed in lei, is determined by multiplying its built-up area, expressed in square meters, by the corresponding taxable value, expressed in lei/square meter.

For example, according to the amendment, for a building with reinforced concrete frames or external walls made of burnt bricks or any other materials obtained as a result of a thermal agent, the taxable value increases from 1,000 lei to 1,500 lei, if it has plumbing, sewage, electricity and heating. Without installations from 600 lei to 900 lei.

This does not necessarily mean that property taxes will increase, as administrative-territorial units can adjust the amounts from the current interest rates.

It should be noted that now they make up 0.08-0.2% of residential and 0.2-1.3% of non-residential.

Answering questions about this topic, Finance Minister Adrian Cachiu said that it is not necessary to increase taxes.

“I can operate within this limit. They can raise taxes. After all, it is about local government revenues, and when we ask why every time the Romanian state has to compensate for the lack of revenues at the local government level from the state budget from everyone’s taxes, I think the answer is also in this area of ​​revenue collection.” – said Cachiu.

According to him, the low-income population is protected from the point of view of real estate tax.

“There are a number of tax benefits provided by the Fiscal Code. A possible tax increase will not affect low-income people. On the other hand, we must take into account that it is also a question of injustice that taxes are the same in different UATs both as a standard of living and as a level of economic development,” he also stated.

The Chamber of Deputies is decisive.