PKF FINCONTA SRL

  |  13.07.2017

Three important dates for tax legislation in Romania

Romania signed on June 7, 2017, along with other 67 states, the Multilateral Convention for the implementation of measures related to the avoidance of double taxation, the prevention of the erosion of the tax base and the transfer of profits

By adopting Law 124 of June 9, 2017, Romania becomes a member of the BEPS (Base Erosion and Profit Shifting) plan, thus proposing to be part of an international approach to limiting and counteracting the use by multinationals of legislative inconsistencies between states, with the aim of choosing to tax profits in more favorable jurisdictions.
 
 
For complete information, please see the Romanian version of the article, here.

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