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Portrait ofAndrei Tercu

Andrei Tercu

Tax Director

CMS Cameron McKenna Nabarro Olswang LLP SCP
One Tower
165 Calea Floreasca
12th–14th floors
District 1
014459 Bucharest
Languages English, Romanian

Andrei is a Tax Director within our Bucharest office Tax department. He has over 10 years’ of professional experience, being specialised on international and direct taxation matters. Before joining CMS Romania’s Tax team he has worked within the local office of a Big 4 company.

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Memberships & Roles

  • 2016 - ACCA, Member
  • 2013 - Romanian Chamber of Certified Tax Consultants, Member
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  • 2017 - Chartered Institute of Taxation (ADIT)
  • 2010 - Master, Financial Analysis and Valuation, Academia de Studii Economice din Bucuresti
  • 2008 - Bachelor, International Business and Economics, Universitatea Româno-Americana din Bucuresti
  • 2007 - Bachelor, Finance and Banks, Universitatea din Craiova
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Overview of Tax Reforms in CEE 2015 - 2017
Tax systems across the world could be simple if they were composed to raise revenue only. Taxpayers expect their tax systems to be fair, efficient, and enforceable. Taxes are also expected to promote...


Romania implements a large package of tax measures
Law no. 296/2023 was published on 27 October 2023 in the Official Gazette and entered into force on 30 October 2023. Below is a summary of the most important changes.Cor­por­ate income tax1.Minimum turnover...
Romania introduces tax amnesty for gift vouchers
On 27 February 2023, Romanian Law no. 43/2023 came into force, which introduced a tax amnesty regarding the reclassification of income from gift vouchers obtained by individuals from anyone other than...
Romania implements tax exemptions for digital nomads
After its passage through parliament, Romania published Law no. 69/2023 on 30 March 2023 in the Official Gazette, which introduces tax exemptions for digital nomads. The legislation entered into force...
Romania introduces new tax for operators in the gambling sector
Romania introduced a new contribution payable by economic operators in the gambling sector through the passage of Law no. 286/2022 for the implementation of Government Emergency Ordinance no. 83/2022...
Romania amends the tax law in 2023
At the end of last year, Romania introduced numerous tax amendments that entered into force on 1 January 2023. The following is a summary of the most important amendments. Government Ordinance 16/2022...
Romanian government introduces tax increases across the gambling sector
On 15 July 2022, Romania put into place Government Ordinances no. 15/2022 and no. 16/2022, which introduce different tax increases in the gambling sector affecting operators, related suppliers and gambling...
Romania caps electricity & gas prices, imposes windfall tax for producers
On 29 October, the Romanian parliament passed Endorsement Law no. 259/2021, which approves and puts into action Government Emergency Ordinance no. 118/2021 on establishing a compensation scheme for electricity...
Romanian government amends Tax Code and Accounting Law
On 26 February 2021, Romania published Emergency Ordinance no. 13/2021 for the amendment and completion of the Tax Code and of the Accounting Law (GEO 13/2021) in the Official Gazette. The main amendments...
Tax debt restructuring and cancellation of accessory tax liabilities still...
Debt restructuring measures and the possibility to cancel accessory tax liabilities are still available to Romanian taxpayers, but in order to be eligible taxpayers must notify tax authority by 31 March...
Romania amends Fiscal Procedure Code and its high court rules on statute...
On 18 December 2020, the Romanian President promulgated an amendment on the law on fiscal procedures and in the Official Gazette it was published a High Court of Cassation and Justice ruling on the five-year...
Romania amends Tax Code for 2021
On 21 December 2020, Law no. 296/2020 for the amendment and completion of the Tax Code was published in the Official Gazette, which includes the following main measures: Definitions and general provisions...
Romania brings new amendments to the Fiscal Code
Romania has introduced two amendments to its Fiscal Code with the passage of Law no. 239/2020, which was published on 6 November 2020 and entered into force on 9 November 2020, and Law no. 248/2020, which...