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.
- 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
- 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