Spain and Romania signed a DTA on October 18, 2017.
The Isle of Man signed a TIEA with Romania on November 4, 2015.
Moldova's state news agency said on August 26, 2015, that the nation will negotiate a DTA with Romania.
Jersey signed a TIEA with Romania on December 1, 2014.
Uruguay completed its domestic ratification procedures on August 28, 2014, with respect to the DTA signed with Romania.
According to preliminary media reports, Bulgaria's Cabinet has approved the signing of a new DTA with Romania.
According to preliminary media reports, the Romanian Government on April 3, 2013, approved a law that would ratify the pending Protocol to the nation's DTA with Austria.
On December 12, 2012, the Romanian government approved a proposal for negotiations to start on a Protocol to the 1996 DTA with Armenia.
Romania's parliament on October 18, 2012, ratified the pending Protocol to the DTA signed between Romania and Luxembourg on October 4, 2012.
Austria and Romania signed a DTA Protocol on October 1, 2012, to add provisions for the exchange of tax information in line with international standards.
Uruguay and Romania signed a DTA on September 14, 2012.
The Swiss government has confirmed that the Protocol to the DTA between Switzerland and Romania, entered into force on July 6, 2012.
According to preliminary media reports, Romania's President Traian Basescu, on June 12, 2012, approved a law ratifying the DTA signed between Romania and Luxembourg, and forwarded the law to parliament for completion of the nation's ratification procedures.
According to preliminary media reports, the Saudi government approved a law on March 26, 2012, that would ratify the pending DTA and accompanying Protocol signed between Saudi Arabia and Romania.
According to preliminary media reports, Romania's parliament on December 7, 2011, ratified the TIEA signed between Romania and Guernsey earlier this year.
According to preliminary media reports, the lower house of Romania's parliament, the Chamber of Deputies, on October 12 approved a law ratifying a protocol to the DTA signed between Romania and Switzerland.
According to preliminary media reports, a protocol amending the 1993 DTA between Luxembourg and Romania was signed on October 4, 2011.
According to preliminary media reports, the Romanian government has approved a draft law ratifying the pending DTA and accompanying Protocol signed between Romania and Saudi Arabia.
According to preliminary media reports, a protocol to the 1993 DTA between Switzerland and Romania has been forwarded to the Romanian parliament for ratification following government approval on July 20, 2011.
The treaty revises the existing treaty in the areas of income and wealth taxation. The DTA also provides for the exchange of information to internationally accepted standards. Dividends are are exempt from taxation where the payee has a meaningful stake of at least 25% of the capital of the distributing company, and where dividends are paid to pension funds. Interest witholding tax is limited to 5%. The DTA also provides a most favoured nation clause.
The TIEA is to enter into force 30 days after it has been ratified, and apply in criminal matters from the date of entry into force, and with respect to other matters from the date of entry into force, but but only in respect of taxable periods beginning on or after that date or, where there is no taxable period, for all charges to tax arising on or after that date. In Romania, it applies to income tax and the tax on profit. In Guernsey it applies to income tax and dwellings profit tax. The TIEA provides for the exchnage of information elevant to the administration and enforcement of domestic tax laws, and the determination, assessment and collection of taxes, the recovery and enforcement of tax claims, and the investigation/prosecution of tax matters. The TIEA also provides for the exchange of information held by banks and other financial institutions, and information regarding the ownership of companies, partnerships, and, in certain cases, investment funds or schemes, trusts and foundations. The TIEA also contains a mutual assistance procedure and a mutual agreement procedure.
Press release contained very little additional information on the nature of the DTA.