brought to you by TPS
Europe
- Poland proposes changes to transfer pricing regulations – click here
- Netherlands: Formal investigation of tax rulings, transfer pricing issues (EU General Court) – click here
- Russia: Transfer pricing audits, focus on pre-audit analysis – click here
- Belgium proposes tax bill on foreign loss deductions – click here
- Hungary imposes a special 90% tax to curb the rise in the price of construction materials (RO) – click here
- Nike loses bid to overturn EU state aid probe – click here
- EU court rejects Nike’s challenge of transfer pricing state aid investigation – click here
- Ireland: Government plans to abandon 12.5% tax rate for fear of 'pariah' status – click here
- European Commission hails G20 agreement on digital tax – click here
- The European Union has frozen its digital tax bill (RO) – click here
Global
- This week in tax: Cairn wins case to seize Indian state assets – click here
- The ATO deepens its focus on intangible assets and related TP matters – click here
- Bahrain: Country-by-country reporting and notification obligations – click here
- Oman: Clarification of suspension of country-by-country reporting – click here
- Kenya: Country-by-country reporting proposal in budget 2021-2022 – click here
- Jordan implements formal transfer pricing rules – click here
- How the Biden administration’s proposals may affect MNEs and global tax policy – click here
- Hong Kong will implement international consensus on BEPS 2.0 while striving to maintain tax advantages in terms of simplicity, certainty, and fairness – click here
- Multilateralism rising: How tax administration is going global – click here
- Global minimum corporate tax – important stage victory (RO) – click here
- No global minimum tax holdouts have left negotiations, OECD official notes – click here
- A historic global minimum tax has been agreed! But has it? – click here
- New multinational tax allocation rules will ‘overlay’ transfer pricing rules, OECD official says – click here
- G20 reaffirms tax deal while EU delays digital levy, US eyes legislation – click here
- Philippines will no longer be a harmful tax regime – click here
Romania
- Annual inflation rate raised to 3.9% (RO) – click here
- Romania: SAF-T: Guide for new tax reporting procedure – 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
