HEALTH INSURANCE CONTRIBUTIONS: EXEMPTIONS

HEALTH INSURANCE CONTRIBUTIONS: EXEMPTIONS

In accordance with article 296 21 paragraph 1 letter i) of the Fiscal Code, persons obtaining revenues from asset rental are subject to the payment of the compulsory health insurance contribution of 5% for such revenues. The Central Tax Commission has recently passed Decision no. 2/2015 (Official Journal no. 549 of July 23, 2015), specifying the persons exempted from the payment of such contributions. The solution set forth by this Decision is interpretative and is presented to you hereinafter.

Exempted persons

As per Decision no. 2/2015 of the Central Tax Commission; the following persons do not owe the health insurance contribution for revenues obtained from asset rental:

• Natural persons who already have a valid health insurance, either in Romania or in another member State of the EU, EEC or the Swiss Confederation or in States with which Romania has concluded social security bilateral agreements, including provisions regarding health insurance.
  Such persons have to submit to the competent tax authority documents issued by the competent institution of the State where the insurance is concluded.
  If, for example, you are self-employed or have an independent profession and you are already paying a health insurance, you will not have to a new health insurance for revenues obtained from asset rental.

We hope this information was useful to you!

The GRUIA DUFAUT Law Office wishes you all happy holidays and we hope to see you again soon, at the beginning of September!