Taxation of international executives
Short-term assignees will only be liable to Romanian tax on Romanian-sourced income, if they do not meet the Romanian tax residence test or if they can provide a tax residence certificate issued by a country/jurisdiction with which Romania has concluded a tax treaty.
Are there special payroll considerations for short-term assignments?
Romanian-sourced income only, if the Romanian tax residence conditions are not met or if a tax residence certificate can be provided.
In order to avail beneficial provisions of the respective tax treaty (if applicable), the individuals on short-term assignments should be in possession of tax residence certificates issued by the tax authorities in their home countries/territories.
All information contained in this publication is summarized by KPMG in Romania, the Romanian member firm affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity, based on the New Romanian Tax Code, Law no. 227/2015 in force beginning 1 January 2016.
© 2020 KPMG România S.R.L., o societate cu răspundere limitată de drept român, membră a reţelei de firme independente KPMG afiliate la KPMG International Cooperative („KPMG International”), o entitate elveţiană. Toate drepturile rezervate.
KPMG International Cooperative (“KPMG International”) este o entitate elveţiană. Firmele membre ale reţelei de firme independente KPMG sunt afiliate la KPMG International. KPMG International nu oferă servicii pentru clienţi. Nicio firma din reţeaua KPMG nu are autoritatea de a obliga KPMG International sau oricare altă firmă din reţeaua KPMG faţă de terţi, şi nici KPMG International nu are autoritatea de a obliga o altă firmă membră din reţeaua KPMG.