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Romanian Chamber of Deputies Approves Pending Protocol to Tax Treaty with Malta

21 November 2024

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Treaty Development

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Romania-Malta

On 18 November 2024, Romania's Chamber of Deputies (lower house of parliament) approved the pending protocol to the 1995 income tax treaty with Malta. The protocol, signed 4 July 2024, is the first to amend the treaty and includes the replacement of paragraph 2 of Article 26 (Mutual Agreement Procedure) with the following: "2. The competent authority shall endeavour, if the objection appears to it to be justified and if it is not itself able to arrive at a satisfactory solution, to resolve the case by mutual agreement with the competent authority of the other Contracting State, with a view...