The earnings made in promotional campaigns, lotteries and sports betting will be considered sources of untaxed income if they do not exceed the personal exemption for this year (10,600 lei). This is provided in the law to amend and supplement legal acts (Tax Code) that was adopted on December 15, 2016 and published in the Official Gazette on January 6, 2017, IPN reports.

Given that the date when the law will take effect is not specified, the Ministry of Finance warns that the amendments and supplements to the Tax Code and its articles come into force 180 calendar days of the day they are published in the Official Gazette. Thus, the given amendments will take effect on July 5, 2017.

Dorel Noroc, head of the Ministry’s General Fiscal and Customs Policy Division, said the money earned in promotional campaigns, lotteries and sports betting by July 4, 2017 will be taxed in accordance with the current Customs Code provisions.

Under the customs and fiscal policy document for 2017, these earnings are considered sources of untaxed income if the value of each return is not higher than 10% of the personal exemption for 2017. If the gain is lower than 50,000 lei, an 18% tax will be retained at the source of payment and transferred to the state budget. If the gain exceeds 50,000 lei, the tax will be 25% of the value of each return.

The Ministry of Finance also said that starting with this year, the earnings from gaming activities are regarded as gross incomes obtained in monetary and non-monetary form. The gain made at games of chance in casinos or gaming machines represents the value of the positive difference between the earned money and the betted amount, confirmed by documents. In the other cases, the earnings are the total sum gained.