Incentives regarding the payment of the annual tax on buildings and monthly building fees

Until 14 August 2020, local councils may choose to offer the following incentives with respect to buildings used for economic activities that have been either totally or partially interrupted during the state of emergency:

• a reduction of up to 50% in the amount of annual tax due for non-residential buildings owned by individuals or companies

• exemption from payment of monthly building fees for concessionaires, tenants and holders of the right of administration or use of a public or private property of the state or the administrative territorial unit.

In order to benefit from these incentives, taxpayers have until 15 September 2020 to submit the relevant application, an affidavit and, where applicable, a copy of their state of emergency certificate.

Source: Emergency Ordinance no. 69/2020 on the amendment and supplementation of Law no. 227/2015 on the Fiscal Code, as well as on the establishment of various fiscal measures, as published in the Official Gazette, Part I, no. 393, on 14 May 2020