According to an update from the OECD, Romania deposited on 5 September 2023 an updated notification confirming the completion of its internal procedures for the entry into effect of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) for the tax treaty with Vietnam. The notification confirming the completion of internal procedures is required because Romania has taken the reservation that for the MLI to become effective, Romania must first deposit such a notification. The provisions of the MLI will apply for the 1995 Romania-Vietnam tax treaty: with respect to taxes withheld...