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Romania Tax Rates 2008 April 2008 There are no significant changes in Romania's 2008 tax rates , compared to 2007. The corporate income tax rate and personal income tax rate for 2008 are flat at 16%. The standard VAT rate is 19% .There is also a reduced VAT rate of 9%. Romania Social Security August 2007 From 1.8.2007 employees in Romania would pay social security contribution according to their full gross salary. Before this amendment employees paid social security contributions up to a gross salary of 5 times the national gross salary in Romania. Romania Taxes January 2007 In 2007 Romania's income tax rates for corporates and individuals remain the same as in 2006, a flat tax rate of 16%. Romania's standard VAT rate in 2007 too remains the same as in 2006, a VAT rate of 19%.

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