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Bucharest Local Taxes 2026: Building & Land Increases Approved

Here’s a summary⁤ of the key details from⁢ the provided text:

* Bucharest Local Taxes‌ & ⁤Fees Approved: The Bucharest General ‍Council (CGMB)‌ approved‍ the ⁢levels of ⁤local taxes and fees for 2026 ‌with​ 45 votes ⁢in favor,​ one abstention, and four against.
* ⁤ USR Amendment Withdrawn: ⁢ USR‍ councilors withdrew ‌a previously submitted‌ amendment to the agenda item.
* 2025​ Budget Rectification: The CGMB also approved⁤ the ⁤rectification of the 2025 Bucharest municipal ⁢budget with 45‌ votes.
*⁤ Inflation & Taxable Value Increase: The⁢ 2026 ‍tax levels ​account for 2024’s ‍5.6% inflation ⁢rate and include increases in the ​taxable value of buildings.
* Specific Taxable Values‍ (2026 vs. 2025):

* reinforced Concrete/Burnt Brick Buildings: 2,677 lei/square meter (up from ‌1,492 lei/square meter in 2025)
* ⁣ Wooden Buildings: ​ 803 lei/square meter (up ⁤from 447 lei/square meter ‌in⁢ 2025)
* Related Article: A link is provided to an article detailing changes to local taxes (https://hotnews.ro/legea-taxelor-locale-a-trecut-de-ccr-si-merge-la-promulgare-ce-masuri-urmeaza-sa-intre-in-vigoare-de-la-1-ianuarie-2126909).
* Recommended Article: A related article about fiscal changes⁤ from January ‌1, ⁤2025‍ is also highlighted.

The⁤ image shows ‌Ciprian Ciucu.

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