Hold on I am also in Romania and pay 7%. Are you classed as PFA Consultant? If so then there's no programming "allowed" else it's the wrong category. Which tax code are you using so I can switch?

Yup, I'm a PFA with a fixed taxation rate (norma de venit) using 6202. Keep in mind that taxation rates differ by a lot for each county.

6202 is strictly for consulting services (ie. no programming). was advised by anaf and my accountant not to use it as it would be, basically, fraud (since i also write code not just "advice" - which is what the romanian tax system defines as consulting). use it at your own risk as they can back-tax if they catch you.

either way thanks for this!

Yes, I'm aware. I'm not worried because in my contracts it's mentioned that I offer consulting services.

Well that's great but I decided not to massage my contracts to accommodate for an _even_ lower tax.

How are Romanian taxes on capital gains? VAT?

All I can find on the topic is: https://taxsummaries.pwc.com/romania/individual/income-deter....

> The net capital gain is subject to income tax at the flat rate of 10%. The taxable amount is calculated based on the difference between the sale price and the acquisition price of the shares. In general, broker/transaction fees in connection with the acquisition or sale are tax deductible.

I have no clue tho how it works.