Romania's Chamber of Deputies (lower house of parliament) reportedly approved on 19 December 2023 the law for the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). The law was approved by the Senate (upper house) on 5 December 2023. The law includes measures for the introduction of the Pillar 2 income inclusion rule (IIR) and the undertaxed payment/profit rule (UTPR) in order to ensure a minimum tax l…