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On 9 January 2020, the Romanian Minister for Finance invited public comments, to be received within 10 days, on a draft bill (Draft Ordinance for amending and supplementing Law 207/2015 regarding the Fiscal Procedural Code) to implement
mandatory disclosure rules pursuant to Council Directive (EU) 2018/822 (“DAC6  or EU MDR”).

Briefly, DAC 6 obliges certain intermediaries or taxpayers to report to the tax authorities any cross-border tax planning arrangements which fall within certain “hallmarks”, i.e. characteristics.

The order is expected to be enacted into law by the end of January and take effect on 1 July 2020.