brought to you by TPS
Europe
- Denmark proposes easing transfer pricing documentation requirements between related Danish companies – click here
- Poland business transfer pricing forum advises on Covid-19 impact – click here
- Ireland, Lithuania, Hungary offer lowest tax rates for R&D, OECD study finds – click here
- Ireland’s central banker says country can cope with global corporate tax – click here
- CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 2 August 2021 - Tax Advisers Europe – click here
- Russia’s new double tax treaty policy: the score is 3 to 1 – click here
- UK consults on tax information reporting by digital platforms – click here
- Greece adopts new value-added tax rules on e-commerce – click here
- Reporting rules for digital platforms – consultation – click here
- Digital marketplaces to report sellers’ incomes to HMRC as early as 2023 – click here
Global
- Profit shifting persists as corporate tax rates drop 30% in 20 years, OECD study finds – click here
- US IRS ‘practice unit’ outlines agency process for applying penalty for failure to include reportable transaction information with tax return – click here
- South African tax bill would amend rules on interest deductibility, assessed losses – click here
- Inclusive Framework’s statement on international tax reform does not contain stringent enough terms to ensure MNEs are taxed where economic activity occurs but may be an important step in that direction – click here
- Switzerland and Ethiopia sign tax treaty – click here
- Lesotho seals new treaty with Mauritius, hoping to curb tax dodging – click here
- India’s first year of ‘faceless’ tax assessments runs into legal issues – click here
- Cannabis Tax and Transfer Pricing – Part 1 – Introduction – click here
- Cannabis Tax and Transfer Pricing – Part 2 – Methods – click here
- Global minimum tax solution to declining corporate tax rates – click here
- OECD updates transfer pricing country profiles to include new fields on financial transactions and permanent establishments – click here
Romania
- Order no. 1,189/2021 on amending the Order of the President of the NAFA no. 4,077/2020 for the approval of the procedure for drawing up, approving and approving the fiscal inspection report published in the Official Gazette no. 753/2021 (RO) – click here
- PwC – Transfer pricing: Business models in the NAFA viewfinder (RO) – click here
- Overlapping control powers in the pharmaceutical, oil and mineral production industries - practical implications (RO) – click here
- EY Future Consumer Index: 68% of consumers expect companies to solve their sustainability problems (RO) – 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
