{"id":4235,"date":"2021-09-17T18:25:58","date_gmt":"2021-09-17T17:25:58","guid":{"rendered":"https:\/\/dvs-europe.eu\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/"},"modified":"2021-09-17T18:25:58","modified_gmt":"2021-09-17T17:25:58","slug":"romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15","status":"publish","type":"post","link":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/","title":{"rendered":"Romanian shareholding revaluation: substitute tax is payable on Nov. 15"},"content":{"rendered":"

The conversion of the Sostegni bis decree into law also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and shares held as of Jan. 1, 2021.<\/p>\n

In fact, the payment of the first or single installment to access the tax break is postponed to Nov. 15, 2021 (the previous deadline was June 30). Also postponed to Nov. 15 is the deadline for the appraisal required for the purpose of revaluing the purchase price of the aforementioned assets. <\/p>\n

With an amendment approved by the House of Representatives, the deadline for payment of the substitute tax for the revaluation of land and equity shares held as of Jan. 1, 2021, slipped to Nov. 15. The same deadline also applies to the appraisal tax. There will be additional time to switch to cash, but the revaluation will always be completed with the affidavit of the aforementioned appraisal and payment of the 11 percent substitute tax by the new deadline. The extended deadline therefore also allows tax residents in Italy who are partners of Romanian companies to prepare the necessary documentation to benefit from the new window.<\/strong><\/p>\n

We remain available for any further needs.<\/p>\n

<\/h4>\n
<\/div>\n","protected":false},"excerpt":{"rendered":"

The conversion of the Sostegni bis decree into law also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and shares held as of Jan. 1, 2021.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-4235","post","type-post","status-publish","format-standard","hentry","category-tax"],"yoast_head":"\nRomanian shareholding revaluation: substitute tax is payable on Nov. 15<\/title>\n<meta name=\"description\" content=\"Revaluation of Romanian holdings: substitute tax is paid on November 15 The conversion into law of the Sostegni bis decree also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and holdings held as of January 1, 2021.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Romanian shareholding revaluation: substitute tax is payable on Nov. 15\" \/>\n<meta property=\"og:description\" content=\"Revaluation of Romanian holdings: substitute tax is paid on November 15 The conversion into law of the Sostegni bis decree also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and holdings held as of January 1, 2021.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/\" \/>\n<meta property=\"og:site_name\" content=\"DVS Europe\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/dvseurope\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-17T17:25:58+00:00\" \/>\n<meta name=\"author\" content=\"Cristian Meneghetti\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cristian Meneghetti\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/\"},\"author\":{\"name\":\"Cristian Meneghetti\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#\\\/schema\\\/person\\\/f31d228834abc92a3f49307920f179d5\"},\"headline\":\"Romanian shareholding revaluation: substitute tax is payable on Nov. 15\",\"datePublished\":\"2021-09-17T17:25:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/\"},\"wordCount\":207,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#organization\"},\"articleSection\":[\"Tax\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/\",\"url\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/\",\"name\":\"Romanian shareholding revaluation: substitute tax is payable on Nov. 15\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#website\"},\"datePublished\":\"2021-09-17T17:25:58+00:00\",\"description\":\"Revaluation of Romanian holdings: substitute tax is paid on November 15 The conversion into law of the Sostegni bis decree also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and holdings held as of January 1, 2021.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/2021\\\/09\\\/17\\\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Romanian shareholding revaluation: substitute tax is payable on Nov. 15\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/\",\"name\":\"DVS Europe\",\"description\":\"Commercialisti ed Avvocati Italiani in Romania\",\"publisher\":{\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#organization\",\"name\":\"DVS Europe\",\"url\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/dvs-europe.eu\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/marchio_-DVS.png\",\"contentUrl\":\"https:\\\/\\\/dvs-europe.eu\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/marchio_-DVS.png\",\"width\":1012,\"height\":472,\"caption\":\"DVS Europe\"},\"image\":{\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/dvseurope\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/#\\\/schema\\\/person\\\/f31d228834abc92a3f49307920f179d5\",\"name\":\"Cristian Meneghetti\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d609d0d8d8e6055ee5819ee89e9b330be2af31593fc49dcc685146890dfb927e?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d609d0d8d8e6055ee5819ee89e9b330be2af31593fc49dcc685146890dfb927e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d609d0d8d8e6055ee5819ee89e9b330be2af31593fc49dcc685146890dfb927e?s=96&d=mm&r=g\",\"caption\":\"Cristian Meneghetti\"},\"sameAs\":[\"http:\\\/\\\/dvseurope.kinsta.cloud\"],\"url\":\"https:\\\/\\\/dvs-europe.eu\\\/en\\\/author\\\/admin-dvs\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Romanian shareholding revaluation: substitute tax is payable on Nov. 15","description":"Revaluation of Romanian holdings: substitute tax is paid on November 15 The conversion into law of the Sostegni bis decree also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and holdings held as of January 1, 2021.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/","og_locale":"en_US","og_type":"article","og_title":"Romanian shareholding revaluation: substitute tax is payable on Nov. 15","og_description":"Revaluation of Romanian holdings: substitute tax is paid on November 15 The conversion into law of the Sostegni bis decree also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and holdings held as of January 1, 2021.","og_url":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/","og_site_name":"DVS Europe","article_publisher":"https:\/\/www.facebook.com\/dvseurope\/","article_published_time":"2021-09-17T17:25:58+00:00","author":"Cristian Meneghetti","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Cristian Meneghetti","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/#article","isPartOf":{"@id":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/"},"author":{"name":"Cristian Meneghetti","@id":"https:\/\/dvs-europe.eu\/en\/#\/schema\/person\/f31d228834abc92a3f49307920f179d5"},"headline":"Romanian shareholding revaluation: substitute tax is payable on Nov. 15","datePublished":"2021-09-17T17:25:58+00:00","mainEntityOfPage":{"@id":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/"},"wordCount":207,"commentCount":0,"publisher":{"@id":"https:\/\/dvs-europe.eu\/en\/#organization"},"articleSection":["Tax"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/","url":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/","name":"Romanian shareholding revaluation: substitute tax is payable on Nov. 15","isPartOf":{"@id":"https:\/\/dvs-europe.eu\/en\/#website"},"datePublished":"2021-09-17T17:25:58+00:00","description":"Revaluation of Romanian holdings: substitute tax is paid on November 15 The conversion into law of the Sostegni bis decree also rewrites part of the tax calendar for the second half of 2021 and postpones the deadlines for payment of the substitute tax for the revaluation of land and holdings held as of January 1, 2021.","breadcrumb":{"@id":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dvs-europe.eu\/en\/2021\/09\/17\/romanian-shareholding-revaluation-substitute-tax-is-payable-on-nov-15\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dvs-europe.eu\/en\/"},{"@type":"ListItem","position":2,"name":"Romanian shareholding revaluation: substitute tax is payable on Nov. 15"}]},{"@type":"WebSite","@id":"https:\/\/dvs-europe.eu\/en\/#website","url":"https:\/\/dvs-europe.eu\/en\/","name":"DVS Europe","description":"Commercialisti ed Avvocati Italiani in Romania","publisher":{"@id":"https:\/\/dvs-europe.eu\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dvs-europe.eu\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/dvs-europe.eu\/en\/#organization","name":"DVS Europe","url":"https:\/\/dvs-europe.eu\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dvs-europe.eu\/en\/#\/schema\/logo\/image\/","url":"https:\/\/dvs-europe.eu\/wp-content\/uploads\/2024\/03\/marchio_-DVS.png","contentUrl":"https:\/\/dvs-europe.eu\/wp-content\/uploads\/2024\/03\/marchio_-DVS.png","width":1012,"height":472,"caption":"DVS Europe"},"image":{"@id":"https:\/\/dvs-europe.eu\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/dvseurope\/"]},{"@type":"Person","@id":"https:\/\/dvs-europe.eu\/en\/#\/schema\/person\/f31d228834abc92a3f49307920f179d5","name":"Cristian Meneghetti","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d609d0d8d8e6055ee5819ee89e9b330be2af31593fc49dcc685146890dfb927e?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d609d0d8d8e6055ee5819ee89e9b330be2af31593fc49dcc685146890dfb927e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d609d0d8d8e6055ee5819ee89e9b330be2af31593fc49dcc685146890dfb927e?s=96&d=mm&r=g","caption":"Cristian Meneghetti"},"sameAs":["http:\/\/dvseurope.kinsta.cloud"],"url":"https:\/\/dvs-europe.eu\/en\/author\/admin-dvs\/"}]}},"_links":{"self":[{"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/posts\/4235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/comments?post=4235"}],"version-history":[{"count":0,"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/posts\/4235\/revisions"}],"wp:attachment":[{"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/media?parent=4235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/categories?post=4235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dvs-europe.eu\/en\/wp-json\/wp\/v2\/tags?post=4235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}