The Official Gazette of Romania, Part I, no.712 of the 18th of October 2012 has published Law no.177/2012 amending art.34, line (5), letter b) of Law no. 571/2003 regarding the Fiscal Code.
The Tax Code establishes, as an exception to the rule, the declaration and payment of an annual tax for certain income derived from agricultural activities(cereals, technical flat, fruit growing and viticulture)
The new law complements the provisions and includes the category of taxpayers that declare and pay income tax annually, until and on the 25th of February of the year following the year for which the tax is computed, and those tax payers who derive income from potatoes crop.
>> The source: JURIDICE.RO