How is bank interest taxed in Romania?

At a 10% rate, withheld automatically by the bank or issuer at the time of payment — a final tax, with no further declaration needed.

Is interest on Fidelis government bonds taxed?

No. Interest from Romanian government bond programs for individuals is completely tax-free, with no income tax and no CASS.

Interest Income Tax Calculator Romania 2026 — 10% + CASS

Interest Income Tax Calculator, 2026

Enter the gross interest received during the year (deposit, savings account, bonds).

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You keep, net

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Tax (10%)0 lei

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Estimate, not tax advice. Interest from government bonds for individuals is completely tax-free — check the box if that applies. For bank interest, the bank already withholds the tax automatically; CASS remains your responsibility if you exceed the thresholds.

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Legal framework

Interest income is regulated by the Cod Fiscal (Law 227/2015), Title IV, as investment income. The tax rate is 10%, withheld automatically by the bank or issuer at the time of payment — you don't have to do anything for the income-tax part, it's a final tax.

Government bonds, the exception

Interest from Romanian government bond programs for individuals (Fidelis and similar) is completely tax-free — neither income tax nor CASS. It's the only savings instrument in Romania with this treatment.

CASS on interest

Separately from the tax, if your interest income combined with other investment income (dividends, rentals, crypto) exceeds 6 gross minimum wages per year (24,300 lei, at the level from January 2026), you also owe CASS — but as a fixed amount per bracket, not a percentage of every leu earned.