Romania Tax News

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Protocol to treaty between Austria and Romania enters into force

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Tax Code amendments approved – Direct taxes

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Budget 2014 measures announced by government after negotiation with IMF, EU and World Bank

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Circular on dividend withholding tax refund following Tate & Lyle Investments case – published

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Lump-sum tax to be introduced

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Procedures for non-resident taxpayers carrying on activity in Romania through permanent establishments – approved

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Protocol to treaty between Luxembourg and Romania enters into force

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Treaty between Romania and Uruguay – details

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Dutch Supreme Court: AG opines on refund of excessive dividend withholding tax withheld on dividends paid to Belgian resident

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Tax amendments – enacted

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Netherlands selective tax exemption for public companies partially carrying out economic activities terminated

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Protocol to treaty between Luxembourg and Romania – details

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Withholding tax under EU Savings Directive to be abolished

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Finnish Supreme Administrative Court rules on imputation credit for dividends received from a group's parent company in UK

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Multilateral action between United Kingdom, France, Germany, Italy and Spain to counter tax evasion

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Heavy restrictions on capital movements enter into force

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Netherlands Supreme Court: Reinvestment reserve taxable in Netherlands also if a company had its place of effective management in Luxembourg at time of sale of immovable property located in Netherlands

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Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision

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Tax Code amendments – International aspects

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Tax Code amendments – Corporate taxation

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Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward

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Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building

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Protocol to treaty between Austria and Romania signed

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Tax Code – Changes gazetted

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Fiscal Procedures Code amendments enacted

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Rescheduling payment of tax liabilities for certain taxpayers approved

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Treaty between Romania and Uruguay signed

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Treaty between Romania and Saudi Arabia enters into force

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Tax Code – Amendments proposed

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Protocol to treaty between Switzerland and Romania enters into force

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