Romania: Amendments to Pillar Two rules
To align with OECD model rules and EU directive
The Ministry of Finance published an ordinance amending the Pillar Two global minimum tax rules under Law No. 431/2023 to align with the OECD's model rules and EU Directive 2022/2523.
The amendments include clearer definitions for tax credits, refined pension entity rules, and adjustments in excess profits and tax rate calculations.
For more information, contact a KPMG tax professional in Romania:
Ionut Mastacaneanu | imastacaneanu@kpmg.com