brought to you by TPS
Europe
- European Commission reveals tax agenda for next two years – click here
- The EU Commission’s objections to Amazon’s transfer pricing approach – click here
- 12 May 2021: European Commission vs Luxembourg and Engie, May 2021, EU General Court, Case No T-516/18 and T-525/18 – click here
- 12 May 2021: European Commission vs. Amazon and Luxembourg, May 2021, State Aid – European General Court, Case No T-816/17 and T-318/18 – click here
- This week in tax: Opposing EU verdicts in Amazon and Engie cases – click here
- “The controlled transaction” in draft of the Poland’s Ministry of Finance General Ruling for Transfer Pricing Purposes – click here
- Hungary dismisses 15% global minimum corporate tax rate – click here
- Hungary, Ireland, UK reiterate resistance to global minimum tax while Germany remains optimistic – click here
- Greece, Hungary, Iceland fall short of tax dispute resolution goals, OECD review finds – click here
- Irish Revenue Transfer Pricing Tax and Duty Manual - what does it mean for Irish taxpayers? – click here
- CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 17 May 2021 – click here
- Sweden: Open disclosures may be used to manage risks of tax penalties due to COVID-19 related transfer pricing adjustments – click here
- Ukraine’s new transfer pricing reporting forms – click here
- German Parliament advances several tax proposals – click here
- Malta: Country-by-country reporting, penalties for non-compliance – click here
Global
- OECD releases MAP peer review reports for eight tax jurisdictions – click here; MAP Peer Review Report, Romania – click here
- US Senator raises questions about Treasury’s international tax strategy – click here
- Australian Taxation Office issues compliance guidelines on intangible arrangements – click here
- Malaysia tax authority announces changes to country-by-country reporting – click here
- Australia’s High Court lets Glencore’s transfer pricing win stand – click here
- Why Australia’s High Court dismissed ATO’s request in Glencore case – click here
- Costa Rica joins OECD – click here
- Challenges of TP on intangible assets: An Indonesian tax perspective – click here
- Kenyan Government presents Finance Bill, 2021 to Parliament – click here
- Advance Pricing Agreements to bring tax, transfer pricing certainty in Maldives – click here
- Nigeria: Suspended country-by-country reporting requirements for MNE branches and subsidiaries – click here
DAC6
- Access the DAC6 Comparison Tool App that allows the user to make instant comparisons among DAC6 provisions in different countries. Plus, it offers direct links to each local legislation and guidelines and shows you how to perform the MBT test – click https://comparison.dac6guide.eu/
- For the latest developments and news concerning DAC6 – click here
- An extremely large number of transactions and structures – click here
- Turkey: DAC6 Directive Liabilities And The Effects Of The Directive On Turkish Companies – click here
Romania
- Five things to be known if you haven't submitted the Unique Declaration for 2021 (RO) – click here
- The declaration on the beneficial owner has been postponed until 1ST October (RO)– click here; On the same topic, please see the following article “Claudiu Năsui: We have extended the deadline for submitting the declaration on the registration of the real beneficiary until October 1” – click here
- Fiscal consolidation, the missing link in the EU's new vision of corporate taxation (RO) – click here
- Cîțu confirms the Government's plan for the elimination of "excessive fiscal incentives" for taxes and social contributions (RO) – click here
- The right of the company's administrator to be remunerated (RO) – click here
- The base effect reduces the budget deficit to 1.81% of GDP in 4 months (RO) – click here
