Crypto Tax in Romania
Overview
Romania taxes cryptocurrency gains at a flat 10% rate, classified as income from other sources. An annual exemption exists for gains under 600 RON (approximately €120), below which no tax is due. Additionally, mandatory social health insurance contributions (CASS) of 10% apply if total annual income from crypto exceeds 6 minimum gross salaries (approximately RON 21,600). This can effectively double the tax burden. Romania has been increasing its crypto oversight and is implementing DAC8 reporting standards as an EU member. Losses from crypto cannot be offset against gains.
Key Points
Flat 10% income tax on crypto gains, Annual exemption of 600 RON on gains, 10% health contribution (CASS) may apply on top, CASS triggered when gains exceed 6 minimum salaries, Losses cannot offset gains, Crypto-to-crypto swaps are taxable, Implementing EU DAC8 reporting, Effective rate can be 20% with CASS
Tax Rates
Income tax: 10% flat. CASS (health contribution): 10% if annual crypto income exceeds ~RON 21,600 (applied to the threshold amount, not total income). Effective combined rate: up to 20%.
Reporting Requirements
Report on Declarația unică (Single Declaration). File by May 25 of the following year. Report to ANAF (National Agency for Fiscal Administration). Must declare all crypto disposals and pay estimated CASS contribution.
Tips & Recommendations
Be aware of the CASS threshold — crossing it adds 10% health insurance. Losses cannot offset gains, so consider timing of losing trades carefully. The 600 RON exemption is very small. Track all transactions as Romania increases crypto enforcement under DAC8.
Disclaimer: This guide is for informational purposes only and does not constitute tax advice. Tax laws change frequently. Always consult a qualified tax professional for advice specific to your situation.
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