Fiscal changes introduced in 2026 for local taxes: the special tax on high value assets, property tax, electric vehicles and locally established measures.
Local taxes 2026: main fiscal changes
The year 2026 brings significant changes in the area of local taxes, affecting both individuals and legal entities. The fiscal impact depends not only on the Tax Code and the amending normative acts, but also on the decisions adopted by each local council for 2026.
Special tax on high value assets
The rate of this tax is increased from 0.3% to 0.9%, applied to the value exceeding the threshold of 2,500,000 lei for residential buildings and 375,000 lei for cars.
Property tax in 2026
For legal entities, the tax treatment may vary depending on the building’s use, the accounting or fiscal value applied and the existence of an updated valuation, and practical application must be checked on a case by case basis. It is not sufficient to consult only the general rule in the Tax Code; it is also necessary to verify the local decision applicable in the locality where the property is located.
Electric and hybrid vehicles
For electric vehicles, a fixed annual tax is introduced, whereas previously they benefited, in practice, from a much more favorable regime or from exemptions in many localities. For hybrid vehicles, the concrete regime of reductions and the method of calculation must be verified in correlation with the legislation applicable in 2026 and with the decision of the local authority.
It is recommended to carry out a specific check of the following aspects:
• Correct classification of the building or means of transport in the relevant fiscal category.
• Existence of a taxable value or an updated valuation, where the law requires it.
• Applicability of the special tax on high value assets.
• Fiscal regime for electric and hybrid vehicles for 2026.
• Local council decision regarding the level of taxes, reductions and any exemptions.
The fiscal changes applicable in 2026 may generate additional costs, new reporting obligations and differences in treatment from one locality to another, and taxpayers need a tax analysis tailored to the type of asset held, its value and the applicable local rules.
