The Romanian government has approved the 2024 Romania–United Kingdom income tax treaty on 16 April 2025. The agreement will come into force once the ratification instruments have been exchanged. Upon becoming effective, it will supersede the

Romania’s government approved ratifying the income and capital tax treaty with Andorra on 16 April 2025. Signed on 27 September 2024, it is the first treaty between the two countries, aiming to prevent double taxation and combat tax evasion

Romania’s government has initiated a public consultation on a draft law to ratify the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI). In September 2023, the OECD/G20 Inclusive Framework

Romania introduced and enacted Government Emergency Ordinance no. 21/2025 (GEO 21/2025) on 4 April 2025, which amends the construction tax (pillar tax). The provisions of the ordinance take effect upon publication and will be applicable beginning

The National Assembly of the Republic of Srpska, Bosnia and Herzegovina, extended the deadline for writing off default interest on unpaid public revenues on 26 March 2025. The new deadline to pay outstanding liabilities and claim the write-off is

Romania’s tax authority published a playbook on VAT registration and RO e-invoice requirements for public authorities on 7 March 2025. The playbook includes legal provisions regarding VAT registration of public institutions and RO e-invoice