Foreign Income – Single Tax Return (Case Study)

Scenario:
A Romanian resident earned in 2024 the following income from Spain:

  • Rental income: 80,000 lei
  • Dividends: 20,000 lei
  • Bank interest: 300 lei

Question:
What taxes and contributions must be declared in Form 212 (Single Tax Return)?

Answer:

According to Romanian tax law, Romanian residents must declare their foreign income in Form 212 and calculate the related tax, applying the double taxation avoidance method if applicable.

  1. Income tax
  • Each category of income is taxed individually (10% for rental, dividends, and interest).
  • If no proof is provided that tax was paid abroad, the full tax is owed in Romania.

Declared figures:

  • Gross income: 100,300 lei
  • Tax owed in Romania: 10,030 lei
  • Tax paid abroad: 0 lei
  • Tax credit applied: 0 lei
  1. Health insurance contribution (CASS)

Since the total income exceeds the threshold of 24 minimum gross salaries (24 x 3,300 lei = 79,200 lei), the taxpayer owes the fixed amount of:

  • CASS base: 100,300 lei
  • CASS owed: 7,920 lei

Checkbox in form:
“I earned at least 24 minimum gross salaries in 2024.”

Conclusion:

The taxpayer must pay in Romania:

  • 10,030 lei income tax (unless documented foreign tax is provided)
  • 7,920 lei health insurance contribution