Romanian gambling operators face a period of tough regulatory adjustment, as the government has approved a significant tax increase on player winnings to be applied by Romania’s Fiscal Code.
Ratified by Parliament, from 1 August all licensed Romanian operators (land-based and online) must apply a new ‘withholding tax structure’ on player winnings across all gambling verticals…
Announced in the government’s latest gazette, all ONJN-licensed gambling operators must apply a new tiered structure on withholding player winnings.
The new withholdings tax will begin at 3% for winnings below RON 10,000 ( €2000) – a tier that is followed by a 20% charge for winnings between RON 10,000-to-66,750 ( €13,600). Meanwhile, the top tier will see player winnings above RON 66,750 will be taxed at 40%.
