Physicians will be exempted from paying income tax, regardless of whether they earn incomes from salaries or independent activities, a draft ordinance by the Ministry of Public Finance reads.
In Article 60 of the Tax Code, where taxpayers exempted from income tax are listed, a new point is added, with the following content:
“Natural persons, for incomes from salaries and earnings assimilated to wages as well as from independent activities, in the exercise of the profession of physician, according to Law no.95/2006 on health reform, republished, under conditions established by joint order of the Minister of Health and Minister of Public Finances.”
The decision would apply as of January 2018.
The income tax is now 16% and is expected to be cut as of January 1 to 10%, according to the ruling coalition.
On Monday, Senate Speaker Calin Popescu Tariceanu said that the decision to cut the income tax to 10% from 16% will be enforced as of January 1, 2018. The measure is provided by the governing programme for 2017-2020.
Also as of January 1, 2018, the tax burden will be passed from employer to employee, which, according to Tariceanu, will have two positive results: the gross wage increases, which will increase the pension point and the net salary “will increase, not much, but it is important it will grow.”
“The employer’s expenses do not increase in any way,” Tariceanu said.