The Executive approved on Wednesday a bill on the ratification of the Convention between Romania and the United Kingdom of Great Britain and Northern Ireland for the elimination of double taxation

‘The new convention includes an anti-abuse provision in the preamble, according to which this legal instrument does not create opportunities for the benefit of third-country residents regarding non-taxation or the reduced taxation of their income as a result of tax evasion or tax avoidance, including through financial arrangements aimed at…...