The Government of Romania has announced a brief public consultation on a draft emergency ordinance to transpose into domestic law the amendments made to the EU Directive on administrative cooperation in the field of taxation (2011/16/EU) concerning the exchange of Country-by-Country (CbC) reports (Council Directive (EU) 2016/881). The draft notes that the rules will be transposed through an emergency ordinance given that EU Member States are to have their CbC reporting rules in place by 5 Ju…