Legal & Tax Alerts

New amendments in the field of taxation

On 30.12.2019, Law no. 263/2019 regarding the amendment of Law no. 227/2015 on the Fiscal Code („Law no. 263/2019) was published in the Official Gazette[1]. This normative act will enter into force on 01.01.2020.

Law no. 263/2019 repeals the provisions of Law no. 227/2015 on the Fiscal Code („Fiscal Code”) regarding the minimum level of the social security contribution due under a part-time individual employment contract and the employer’s obligation to pay the difference up to that level, if the social security contribution due under the individual employment contract is lower than the one computed by reference to the gross national minimum salary. Thus, starting with January 2020 income, the basis for computing the social security contribution is modified and shall consist of the income actually earned under the part-time individual employment contract.

On another topic, the same normative act amends the provisions of the Fiscal Code on the excise duty on motor fuels (i.e. leaded petrol, unleaded petrol and diesel), by reducing its value from 2020, down to the level it had prior to the increase in the second part of 2017.


[1] Official Gazette of Romania, Part I, no. 1054, of 30.12.2019.

The article can be downloaded in PDF format right from this link.

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