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Europe
- Belgium and France sign new tax treaty – click here
- Portugal updates transfer pricing guidance on documentation, APAs – click here
- Netherlands: Important Dutch Tax Developments To Look Into Before 2021 Ends – click here
- 2022 Dutch Tax Plan: Few policies proposed – click here
- Luxembourg and Ireland: Opinion of CJEU Advocate General regarding tax rulings issued to multinational entities – click here
- Hungary: Considerations for year-end transfer pricing adjustments – click here
- Danish beneficial ownership cases on interest – High Court rules in favor of tax administration – click here
- Cyprus to reform corporate tax – click here and here
Global
- OECD releases new transfer pricing profiles for 21 countries – click here
- OECD review of tax ruling exchange standard finds 36 countries could improve – click here
- Tax certainty: The march goes on – click here
- The Basics of Managing Multilateral Controversy – Part 1 – click here
- The Shifting Sands of International Taxation – click here
- Azerbaijan amends tax laws relating to CFCs, tax havens, transfer pricing – click here
- Kenya issues draft tax regulations on common reporting standard – click here
- Panama adapts laws on exchange of information for tax purposes to international standards – click here
- Australian corporate tax compliance improves under agency efforts, ATO claims – click here
- South Africa proposes model legislation to introduce APA program – click here
- Canada advances digital services tax bill despite OECD pact, US objections – click here
- The evolving world of Malaysia’s digital services tax – click here
- Draft Min. Tax Rules Apply €750M Threshold Over 2 Of 4 Years – click here
- 136 countries, including Romania, have signed the agreement on a 15% minimum corporate income tax for large companies, but the provisions are not applicable as such (RO) – click here
- US Senate draft of budget bill tweaks corporate tax provisions – click here
Romania
- The draft “train” ordinance: the threshold for micro-enterprises may drop to 500,000 euros – click here. The draft version of the Ordinance was later amended and the change initially proposed for micro-enterprises was dropped, due to the measure being criticized by the business community and the press (RO) – click here
- SME’s business owners to the government: you talked about taxing multinationals, but you make micro-enterprises pay (RO) – click here
- The weird impact of lowering the micro-enterprises threshold: it’s like a kind of retroactive taxation (RO) – click here
- OECD maintains the recommendations for Romania on country-by-country reporting. Which areas are covered? (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
