Romanian Chamber of Deputies Approves Pending Protocol to Tax Treaty with Luxembourg
On 13 September 2023, Romania's Chamber of Deputies (lower house of parliament) approved the ratification of the pending protocol to the 1993 income and capital tax treaty with Luxembourg. The protocol, signed 6 December 2022, is the second to amend the treaty and includes the replacement of Article 25 (Methods for Elimination of Double Taxation). The main change concerns the method applied by …
Continue Reading