brought to you by TPS
Europe
- EU will propose minimum tax legislation if G20 reaches deal, commissioner says – click here
- Finland court rejects tax authority’s transfer pricing approach to intercompany interest rates – click here
- Spain: Final rules for digital services tax; first declaration is due July 2021 – click here
- Finnish tax administration publishes statements addressing transfer pricing guidelines and effect of COVID-19 on permanent establishment rules – click here
- EU: Update on status of “public” country-by-country reporting – click here
- Luxembourg Tax Authority issues guidance on the “equity escape clause” under interest limitation rules – click here
- Sweden: Interest-deduction limitation rules contrary to EU law; EC formal notice – click here
Global
- Yellen predicts Ireland, EU will cooperate on minimum tax, but US might move first – click here
- This week in tax: Opposing demands pressure G7 deal – click here
- India has little to gain under G7 tax agreement – click here
- Latest on BEPS and Beyond – June 2021 Edition – click here
- OECD releases Greece Stage 2 peer review report on implementation of Action 14 minimum standard – click here
- Armenian tax authorities begin transfer pricing audits – click here
- Brazil and Switzerland: The treaty for the avoidance of double taxation between the countries has been ratified by the Brazilian President's sanction – click here
Romania
- The fiscal implications of the Biden-Putin meeting (RO) – click here
- Fiscal agreement G7: What was agreed and what does it mean for Romania (RO) – click here
- NAFA owes Orange Romania almost RON 40 million (RO) – click here
DAC6
- For the latest developments and news concerning DAC6 – click here
- 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/
