Romania Tax News

Multilateral action between United Kingdom, France, Germany, Italy and Spain to counter tax evasion

24 June 2013

Withholding tax under EU Savings Directive to be abolished

24 June 2013

Netherlands Supreme Court: Reinvestment reserve taxable in Netherlands also if a company had its place of effective management in Luxembourg at time of sale of immovable property located in Netherlands

6 May 2013

Heavy restrictions on capital movements enter into force

6 May 2013

Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision

4 May 2013

Tax Code amendments – International aspects

25 March 2013

Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward

25 March 2013

Tax Code amendments – Corporate taxation

25 March 2013

Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building

9 February 2013

Protocol to treaty between Austria and Romania signed

2 December 2012

Treaty between Romania and Uruguay signed

23 October 2012

Tax Code – Changes gazetted

23 October 2012

Rescheduling payment of tax liabilities for certain taxpayers approved

23 October 2012

Fiscal Procedures Code amendments enacted

23 October 2012

Tax Code – Amendments proposed

14 October 2012

Treaty between Romania and Saudi Arabia enters into force

14 October 2012

Netherlands Supreme Court decides that Dutch thin capitalization provisions in the case of financing companies are not incompatible with ICCPR and ECHR

3 September 2012

Protocol to treaty between Switzerland and Romania enters into force

3 September 2012

Tax Code amendments - enacted

29 July 2012

Supreme Court decides interest paid on debt-claim towards low-taxed group company resulting from transfer of immovable property not deductible

29 July 2012

Court of First Instance Leuven decides that fine imposed by European Commission due to violation of EC competition law is not deductible

29 July 2012

Tax changes for 2013 announced

25 July 2012

Treaty between Romania and Saudi Arabia – details

22 December 2011

Protocol to treaty between Switzerland and Romania signed and details

27 April 2011

Tax Code – amendments enacted

14 March 2011

AMT to be abolished; flat CIT rate maintained

23 August 2010

New provisions on late payment interest and penalties

25 May 2010

Thin capitalization – deductibility limit for interest on foreign currency loans reduced

25 May 2010

Amendments to Tax Code

21 December 2009

Dutch dividend withholding tax exemption extended to certain EEA countries

16 September 2009