According to an update from the OECD, Romania deposited on 10 January 2025 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 Azerbaijan. 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. With the deposit of the notification, the provisions of the MLI apply for the 2002 Romania-Azerbaijan tax treaty:...