Romania: mining taxation system revised

Background According to lexology.com, Romania’s current fiscal regime for exploitation of mineral and hydro-mineral resources was established in 2003 by the Mining Law no. 85/2003 (Mining Law) and subsequently updated several times (in 2007, 2009, 2013, 2014 and 2015). In a nutshell, Romania applies a system of royalties for mineral and hydro-mineral resources payable by the titleholders of mining ...

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