The special constructions tax was already cut early this year from 1.5% to 1% for all types of special constructions.
The elimination of the tax on special constructions will have a negative impact of RON1.6 billion over the budget, but the government will recover nearly RON850 million from VAT, social contributions, taxes on salaries and other taxes.
In the medium term, government expects a positive impact on the economic growth of 0.2 percentage points and the increase of the number of new jobs by 20,000 starting with next year. Investments in the private sector are also expected to increase by 0.5 percentage points.
The special construction tax was introduced at the beginning of 2014 and had been proposed in the fall of 2012 by the former minister-delegate for the state budget Liviu Voinea. The tax applies to constructions that otherwise went untaxed such as poles, ramps, concrete platforms.