brought to you by TPS
Europe
- The unstoppable development of the cooperation between tax authorities in the EU – click here
- Notification of uncertain tax treatments – updated HMRC guidance – click here
- Pillar Two and the prognosis for UK tonnage tax – click here
- Supporting the Pillar: UK consultation on global minimum corporate tax – click here
- Cyprus: FAQs on intra-group back-to-back financing transactions– click here
- Belgium: Walloon decree for “fairer tax” effective 1 January 2022 – click here
- Slovakia: Rules and reporting obligations, reverse hybrid entities – click here
- Austria: Court decisions on goodwill depreciation and loss carryforwards; other developments – click here
Global
- Countries continue the successful implementation of international standards on harmful tax practices and tax dispute resolution – click here
- OECD releases eighth batch of Stage 2 peer review reports on dispute resolution – click here
- Harmful Tax Practices – Peer Review Results – click here
- Observations on OECD peer review on implementation of CbCR and MAP in Mainland China and Hong Kong SAR – click here
- India: A decade of the APA program; why it still makes sense – click here
- Algeria’s 2022 Finance Act introduces new tax measures – click here
- US IRS announces pilot fast-track program that resolves corporate letter ruling requests in 12 weeks – click here
Romania
- Adrian Luca, partner of Transfer Pricing Services: The new global minimum profit tax will not generate large additional revenues to the budget, given that there are few groups based in Romania with sales over 750 million euros (RO) – click here
- OECD's Pillars? Let’s get real: for real money, try real solutions! (RO) – click here
- The global minimum profit tax will not be a consistent stake for Romania (experts) (RO) – click here
- Sierra Quadrant: Romania needs a strategy to remain competitive with foreign investors after the introduction of the global minimum profit An easing EU budget deficit could be a "double-edged sword" (RO) – click here
- June 25th - the deadline for filing the D 100 and D 101 declarations(RO) – click here
- Companies will NOT be included in the category of large taxpayers if they have a turnover lower by 50% (RO) – click here
- 12 fiscal changes prepared by the authorities: from e-commerce, instalment payment, exemption from specific tax in Horeca or interim dividends (RO) – click here
- The Organization for Economic Co-operation and Development (OECD), which includes 38 states with developed economies, has invited Romania to begin accession negotiations, 18 years after our country applied (RO) – click here
- OECD Economic Surveys: Romania 2022 (RO) – click here and here
- 8 OECD recommendations on the economy: from raising key interest rates to raising property taxes (RO) – click here
- Romania's accession to the OECD: are we ready? In terms of taxation – no (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
