Amending Protocol to Tax Treaty between Israel and Romania has Entered into Force
The amending protocol to the 1997 income tax treaty between Israel and Romania entered into force on 16 October 2023. The protocol, signed 3 November 2020, is the first to amend the treaty and includes the following changes:
- Article 2 (Taxes Covered) is updated, including that the treaty covers Romanian income tax and profit tax and covers Israeli income tax and company tax (including tax on c…