Japan's Ministry of Finance has published an updated synthesized text of the 1976 income tax treaty with Romania as impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). An updated summary of the application of the MLI has also been published.
The updates have been made considering Romania's deposit on 6 March 2023 of its notification confirming the completion of its internal procedures for the entry into effect …