Romania to tax tips from May 2015

Written by on April 23, 2015 in Europe - Comments Off on Romania to tax tips from May 2015

The Romanian government approved on April 22 an emergency ordinance which says money left as tips by customers must be registered on a separate fiscal receipt and taxed at a rate of 16 per cent, finance minister Eugen Teodorovici announced in a press briefing at the Victoria Palace, the seat of the executive branch.

“The ordinance introduces some provisions for defining the amounts collected in addition as tips in view to show this type of earning on the fiscal receipt, with the purpose of clearly delimiting it from the revenues collected by the economic operators for delivering services or for directly providing services for the population and ensuring its taxation,” Teodorovici said.

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