Romania Approves Signing of BEPS MLI

According to recent reports, the Romanian Government on 11 May 2017 authorized the signing of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The first signing ceremony for the MLI is scheduled to take place in Paris on 7 June 2017.

The BEPS MLI is for the purpose of implementing the treaty-related measures developed as part of the BEPS Project without needing to separately amend each bilateral treaty. This includes meas…