On 16 April 2025, the Romanian government approved the ratification of the new income and capital tax treaty with the UK. The treaty, signed 13 November 2024, will replace the 1975 tax treaty between the two countries.
Taxes Covered
The treaty covers Romanian tax on income and tax on profit. It covers UK income tax, corporation tax, and capital gains tax.
Residence
If a person other than an individual is considered resident in both Contracting States, the competent authorities will det…