Romania imposes temporary windfall tax for the oil, gas, coal industries and the refining sector

On 28 December 2022, the Romanian Government passed Government Ordinance no.186/2022 (GEO), which introduces taxation of excessive profits generated by companies and permanent establishments operating in the oil, natural gas, coal, and refining sectors. This GEO was mandated by EU… Read moreRomania imposes temporary windfall tax for the oil, gas, coal industries and the refining sector