Romania has published Ordinance no. 16 of 15 July 2022, which contains several amendments to the Tax Code (Law no. 227/2015) that generally apply from 1 January 2023. One of the key changes is an increase in the tax rate on dividends from 5% to 8%. The increase applies for the withholding tax on dividend distributions between Romanian legal entities and on dividend distributions to non-residen…