Special Tax on High-Value Motor Vehicles

Dear Clients,

We would like to inform you that, under the applicable provisions of the Fiscal Code, a special tax applies to high-value motor vehicles, commonly referred to as the “luxury tax”. This obligation applies to both individuals and legal entities.

Which vehicles are subject to taxation?

The tax applies to vehicles with a purchase value exceeding 375,000 RON (approx. EUR 75,000).
The taxable amount is calculated as the difference between the purchase value and the legal threshold, to which a 0.3% rate is applied.

For how long is the tax due?

The tax is payable for a period of 5 years from the acquisition date.
For vehicles purchased prior to the introduction of this obligation, the tax is due only for the remaining period out of the 5 years.

Who is required to declare and pay the tax?

Both individuals and legal entities must calculate, declare, and pay this tax.

Deadline for declaration and payment: 31 December of the respective fiscal year.

How is the tax declared?

The obligation must be declared electronically, through the digital platforms provided by the tax authorities. The conditions are similar to those applicable in the previous year, with potential changes that may take effect starting 2026.

Crowe Romania, here to support you

Our specialists can assist you with the analysis of your situation, the calculation of the tax, and the fulfilment of the related fiscal obligations.

You can reach our dedicated Team at: [email protected]

Disclaimer

The information contained in this newsletter is intended to give you an overview of new legislation; the newsletter does not contain a comprehensive analysis of each topic. For further information on the topics covered please contact us. No responsibility is accepted for decisions or omissions following the use of the content of this newsletter. All Crowe newsletters are available at the address www.crowe.ro.

Crowe România