Romania has published Emergency Ordinance No. 79 of 8 November 2017 in the Official Gazette. Some of the main measures are in relation to the transposition of the EU Anti-Tax Avoidance Directive (Council Directive (EU) 2016/1164 - ATAD1), which are summarized as follows:

Interest Deduction Restriction

The interest deduction restriction rules limit the deduction of net interest expense excee…