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 exceeding the RON equivalent of EUR 200,000. The excess is limited to 10% of a calculation basis, which i…