The Romanian Senate (upper house of parliament) approved the pending protocol to the 1995 income tax treaty with Malta on 16 December 2024, following its approval by the Chamber of Deputies (lower house) on 18 November 2024. 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...