{"id":1751,"date":"2026-10-21T05:42:35","date_gmt":"2026-10-21T05:42:35","guid":{"rendered":"https:\/\/nartea.ro\/en\/?p=1751"},"modified":"2026-10-21T05:42:36","modified_gmt":"2026-10-21T05:42:36","slug":"who-determines-the-taxable-value-of-buildings-in-romania-in-2026-owners-obligations-and-valuation-reports","status":"publish","type":"post","link":"https:\/\/nartea.ro\/en\/2026\/10\/21\/who-determines-the-taxable-value-of-buildings-in-romania-in-2026-owners-obligations-and-valuation-reports\/","title":{"rendered":"Who determines the taxable value of buildings in Romania in 2026? Owners\u2019 obligations and valuation reports"},"content":{"rendered":"\n

Do you own commercial premises, an office, a warehouse or an apartment used for business purposes in Romania? You may be wondering who establishes the taxable value, whether a valuation report is still required, and how to challenge an incorrect property tax assessment. The law has envisaged a transition to valuation methods based on notarial market studies, but proposed reforms must be distinguished from the rules actually applicable in 2026.<\/p>\n\n\n\n

Who assesses building tax?<\/h1>\n\n\n\n

The competent local tax authority determines the tax under the Romanian Fiscal Code and the applicable local council decisions. This does not mean that the municipality independently appraises every property, nor does it release owners from their reporting and valuation duties. Local authorities rely on the data and taxable values prescribed by law.<\/p>\n\n\n\n

Is a valuation report still required in 2026?<\/h1>\n\n\n\n

In some cases, yes. For buildings owned by legal entities, Article 460 of the Fiscal Code retains, under the 2026 rules, a periodic update of the taxable value, generally every five years, on the basis of a report prepared by an authorised valuer, subject to statutory exceptions. Filing after the first tax-payment deadline can defer the report\u2019s tax effects until the following year. Non-residential buildings owned by individuals must be assessed separately under Article 458. It would be inaccurate to suggest that all individual valuation reports have been abolished.<\/p>\n\n\n\n

What did Government Ordinance No. 16\/2022 propose?<\/h1>\n\n\n\n

Government Ordinance No. 16\/2022 introduced a proposed system linked to indicative property values in market studies administered by the National Union of Public Notaries of Romania, to be applied by local tax bodies. Its rollout has been affected by postponements and subsequent amendments. The original wording should therefore not be assumed to govern every 2026 tax assessment. The applicable consolidated legislation and the relevant local council resolution must be checked.<\/p>\n\n\n\n

What happens if a company does not update the taxable value?<\/h1>\n\n\n\n

A failure to update the taxable value may trigger an increased tax rate under Article 460, subject to statutory conditions, including the rules on notification of the taxpayer. Before accepting an increased assessment, check the most recent valuation, the notice, potential exemptions and the authority\u2019s calculations.<\/p>\n\n\n\n

What if the local authority has calculated the tax incorrectly?<\/h1>\n\n\n\n

Disputes may concern the floor area, the residential or non-residential use, ownership, reference year, value or local rate. Obtain the tax assessment and its supporting information, review title deeds and declarations, and consider a request to correct the records or a formal tax appeal. As a general rule, a tax administrative appeal must be filed within 45 days of notification, subject to the specific rules of the Fiscal Procedure Code.<\/p>\n\n\n\n

Valuation of municipal assets is different<\/h1>\n\n\n\n

Valuations of assets belonging to public institutions fall under a separate framework, including Government Ordinance No. 81\/2003 on the revaluation of fixed assets. The accounting revaluation of public-sector land and buildings, conducted by an appointed committee or authorised valuers as appropriate, must not be confused with assessing private owners\u2019 property taxes.<\/p>\n\n\n\n

What about valuations in court cases or enforcement proceedings?<\/h1>\n\n\n\n

Court-appointed expert valuations and valuations performed during real-estate enforcement proceedings follow separate procedural rules. They do not automatically replace the taxable value used by the local tax authority.<\/p>\n\n\n\n

How can NARTEA & PARTNERS assist you?<\/h1>\n\n\n\n

Early legal advice can help avoid unnecessary valuation costs and disputed taxes. Our team can assist with:<\/p>\n\n\n\n