Programmers tax exemption is now extinct

In effort to cut surmounting deficit, Romanian government decided to remove the tax exemption for programmers. More exactly, programmers will now be charged 16% of their wage income. The tax exemption was initiated in 2004 in order to promote the Romanian IT industry and fight back the “brain drain” to Western Europe and US.

Later edit: the tax exemption is still in place for programmers

About Adrian Pintilie

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