Updated tax rates for mining activities

Updated tax rates for mining activities

View this page in: Romanian
23 July 2013

Government Decision no. 463 / 2013 was published on 16 July 2013 (“the Decision”), updating the tax rates for mining activities, as provided in the Mining Law no. 85 / 2013.

The Decision provides a 28% increase in the annual tax rates for mining activities, as follows:

  • - The annual tax for prospecting activities has increased from RON 250 / km2 to RON 320 / km2;
  • - The annual tax for exploration activities has increased from RON 1,000 / km2 to RON 1,280 / km2;
  • - The annual tax for exploitation activities has increased from RON 25,000 / km2 to RON 32,000 / km2.

These new provisions are applicable as of 16 July 2013.

[Source: Official Gazette of Romania no. 432/16.07.2013]

For more information, please contact Peter de Ruiter, Mihaela Mitroi, Ionut Simion and Daniel Anghel.

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