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The amending of Fiscal Code

In this issue:
  • Social charges for part-time employment contracts
  • Law no.263 of 30 December 2019 for amending Law no.227/2015 regarding the Fiscal Code

On 30 December 2019, the Law no.263/2019 was published in the Official Gazette no.1,054, which brought changes to the Law no. 227/2015 regarding the Fiscal Code, as follows.

The provisions according to which the social contribution (CAS), respectively the health fund contribution (CASS), due by the individuals who obtain salary income or salary assimilated income, based on a full-time or part-time employment contract, cannot be lower than CAS, respectively CASS, computed by applying the contribution rates on the minimum gross national salary, have been repealed.

Therefore, CAS and CASS will be computed based on the gross salary and salary assimilated income obtained, irrespective of the value of the income.

This law comes into force on 1st of January 2020.

Prepared by:
Inga Țîgai – Director, People Advisory Services
For additional information, please contact:
Alex Milcev – Partner, Tax & Law Leader Romania
Ernst & Young SRL
Bucharest Tower Center Building,
22nd Floor, 15-17 Ion Mihalache Blvd.,
Sector 1, 011171, Bucharest, Romania
Tel: (40-21) 402 4000, Fax: (40-21) 310 7124
Email: office@ro.ey.com
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