Law No. 77 Of 6 July 1995

Original Language Title:  LEGE nr. 77 din 6 iulie 1995

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LAW No. 77 of 6 July 1995 approving Ordinance No. 8/1995 on the stamp taxes imposed on installments, to acts between vineyards, a. of ownership and other rights in rem relating to immovable property, published in PARLIAMENT ISSUING the OFFICIAL GAZETTE NR. 146 of 12 July 1995, the Romanian Parliament adopts this law.


The sole article approving Ordinance No. 8 of 27 January 1995 on stamp taxes imposed on installments, to acts between vineyards, a. of ownership and other rights in rem relating to immovable property, issued pursuant to art. and (b). e) of law No. 1/1995 on empowering the Government to issue decrees and published in the Official Gazette of Romania, part I, no. 20 of 31 January 1995, with the following modifications: 1. The letters a-e)) of article 1 (1) change and will read as follows: ") up to 1,000,000 lei 7% b) from 1,000,000 to 5,000,000 lei lei lei 70,000 + 5% of the sum which exceeds 1,000,000 lei c) de la 5,000,000 lei lei lei to 10,000,000 270,000 + 4% for the amount that exceeds the 5,000,000 lei d) to 15,000,000 lei lei to 10,000,000 470,000 lei + 3% for the amount that exceeds the more than 10,000,000 15,000,000 lei e lei) 620,000 lei + 2% for the amount that exceeds the 15,000,000 lei. "

2. Paragraph 2 of article 1 shall read as follows: "For other buildings than the construction and land occupied by buildings, the tax is calculated according to the value declared by the parties, but not less than the present value rezultind in any other acts relating to those assets, property by applying the quotas referred to in paragraph 1. and (b). a)-(e)). "
3. After article 3 introduces a new article, which becomes article 4, with the following content: "ART. the provisions of article 4. 1 and 2 shall also apply to the succession for relatives up to the second degree. Other heirs that do not fall into these categories are charged the fee increased by 50%. "
4. Article 4 becomes article 5 by renumbering, the completindu text: " 5 date of entry into force of this Ordinance, the provisions relating to immovable property, contained in art. 9 para. 1 and in article 3. 10 lit. the) as well as in art. 10 lit. a Government of the judgment). 1.295/1990 on stamp taxes for actions and applications introduced in courts, as well as the acts of notary services rendered by them published in the Official Gazette of Romania, part I, no. 148 of 20 December 1990 and any other provisions to the contrary are hereby repealed.
On the same time lapses the provisions of art. 12 of Government decision No. 1.295/1990 and the increase referred to in point 8 of the annex to Order No. 15/1992 concerning local taxes and duties, approved by law No. 114/1992, relating to the operations referred to in article notary 1, 2 and 4 of this Ordinance. "
This law was adopted by the Senate at its meeting on 22 June 1995, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
SENATE PRESIDENT Prof. Dr. O'LEARY GAITAN this law was adopted by the Chamber of deputies at its meeting on 26 June 1995, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
PRESIDENT Of The CHAMBER Of DEPUTIES ADRIAN NASTASE — — — — — — — — — — — — — — — — — — — — — — — — — —