The Side-by-Side package developed by the OECD earlier this year essentially represents the result of lengthy negotiations and seeks to strike a balance: preserving the objective of the global minimum tax while, at the same time, limiting situations with undesirable economic impact on economies in general.
Elena Geageac, Director within the Corporate Direct Tax Department at KPMG in Romania, highlights the changes introduced by the new package, so that groups of companies with a presence in Romania pay close attention to them.
