Romania announces new tax on special constructions
Romania has made additional amendments to the Tax Code (Law no. 227/2015) reinstating the tax on special constructions, under Emergency Ordinance no. 156 of 30 December 2024. A new amendment is reintroducing a 1% tax on non-building constructions
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Romania: VAT exemptions for hospital supplies, changes to VAT deposit return system
Romania’s government has announced an extension of the value-added tax (VAT) exemption to include certain supplies provided to hospitals on 20 December 2024. Additionally, changes were made to the VAT regime for non-reusable primary packaging as
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EU: European Commission ends infringement case against Romania over DAC7 information exchange
The European Commission (EC) announced the closure of the infringement procedure against Romania (INFR(2024)2048) on 12 February 2025 for failing to automatically exchange information under the 2021 amendment to the 2011 Directive on Administrative
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Andorra: Parliament approves tax treaty with Romania
Andorra’s General Council (parliament) approved the ratification of the income and capital tax treaty with Romania on 23 January 2025. The treaty set withholding tax rates for dividends at 0% to 5%, interest at 3%, and royalties at 5%. The
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Romania raises dividend tax, updates micro-enterprise rules
Romania has issued Emergency Ordinance no. 156 of 30 December 2024, which introduces various amendments to the Tax Code (Law no. 227/2015), which took effect on 1 January 2025. One significant change includes raising the dividend tax rate from 8%
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Romania, Malta ratify protocol to tax treaty
Romania’s President Klaus Iohannis has signed into law the ratification of the pending protocol to the 1995 Romania-Malta income tax treaty on 9 January 2024. This follows after the protocol was approved by Romania's Chamber of Deputies on 18
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Romania: Senate approves amending protocol to tax treaty with Malta
The Romanian Senate has approved Draft Law No. L611/2024, ratifying the amending protocol to the 1995 Malta-Romania Income Tax Treaty on 16 December 2024. The protocol has been submitted to the President for approval and promulgation. The
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Romania clarifies public CbCR reporting rules
Romania’s Ministry of Finance, in a release, outlined the preliminary format for public Country-by-Country (CbC) reporting. This follows after Romania has introduced public country-by-country (CbC) reporting requirements through Order no. 2.048
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Romania extends tax amnesty deadline for unpaid taxes
Romania has published Emergency Ordinance No. 132 of 21 November 2024 in the Official Gazette, which includes an extension of the payment deadline for the tax amnesty introduced in September 2024, among other provisions. As previously reported,
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Romania: Chamber of Deputies approve protocol to tax treaty with Malta
Romania’s Chamber of Deputies have approved the amending protocol to the 1995 Malta-Romania Tax Treaty on 18 November 2024. The protocol has been presented to Romania's Senate for further approval. It will take effect 30 days after the
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Kenya consults tax treaty with Romania
Kenya's National Treasury has released a public notice inviting feedback on a proposed double taxation agreement (DTA) with Romania. Written comments should be sent to the Cabinet Secretary of the National Treasury and Economic Planning at the
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Romania, UK sign new income tax treaty
Officials from Romania and the United Kingdom signed a new income and capital tax treaty on 13 November 2024. The agreement will come into force once the ratification instruments have been exchanged. Upon becoming effective, it will supersede
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Romania gazettes income tax treaty suspension with Belarus
Romania has issued Order no. 2.412 of 6 November 2024 in the Official Gazette, announcing the suspension of the 1997 income and capital tax treaty with Belarus, effective from 12 November 2024. Earlier, the Romanian government approved a
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Romania approves signing of new tax treaty with UK
Romania’s government has approved the signing of a new income tax treaty with the UK on 7 November 2024. This new income tax treaty will supersede the existing Romania - United Kingdom Income Tax Treaty of 1975. Previously, on 18 October
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Romania issues registration forms for non-resident payment service providers
Romania’s tax authorities issued Order No. 6508/2024, which introduces Form 709 for requesting tax registration for non-resident Payment Service Providers with reporting obligations in Romania under the Amending Directive to the VAT Directive
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Romania approves protocol to tax treaty with Malta
Romania’s government approved the amending protocol to the 1995 income tax treaty with Malta on 9 October 2024. Earlier, the two nations signed an amendment protocol to the original income tax treaty on 4 July 2024. The protocol aligns the
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Romania, Andorra sign income tax treaty
Romania and Andorra signed an income tax treaty on 27 September 2024. This treaty, the first between the two nations, aims to prevent double taxation. It will take effect once the ratification instruments are exchanged. Andorra has established
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Romania gazettes tax amnesty procedure
Romania’s Ministry of Finance published Order No. 5521/2024 in Official Gazette No. 944 outlining the procedure for implementing the tax amnesty established by Government Emergency Ordinance (GEO) No. 107/2024 without introducing any significant
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