Emergency ordinance no. 186/2022 regarding some measures to implement Council Regulation (EU) 2022/1,854 of 6 October 2022 regarding an emergency intervention to address the problem of high energy prices

Emergency Ordinance no. 186/2022 introduces a solidarity contribution for companies that carry out activities in the oil, natural gas, coal and refinery sectors.

The solidarity contribution is 60% (compared to a minimum of 33% imposed by the European Regulation).

This is calculated, declared and paid annually until the 25th of June inclusive of the following year (respectively 25th of the sixth month inclusive from the end of the modified fiscal year/different financial year).

The solidarity contribution applies to both profit tax payers and microenterprise income tax payers.

This Emergency Ordinance mentions the calculation method of the solidarity contribution for profit tax payers and microenterprise income tax payers, specific rules for entities that have a modified fiscal year, entities undergoing reorganization or that have been subject to both income tax profit as well as tax for micro-enterprises in the relevant period.

For more details, please consult the Official Gazette no. 1270 of 29 December 2022.

The EY team is available for further details on the above.