brought to you by TPS
Europe
- Preliminary lessons learned from TP audits in Luxembourg – click here
- The Dutch cabinet sent a law proposal to implement the so-called DAC-7 Directive into Dutch law to the House of Representatives – click here
- Transfer pricing in Poland – a `Runmageddon’ for tax compliance teams – click here
- The current state of Turkish transfer pricing in a nutshell – click here
- Greek tax considerations commonly encountered in private share deals – click here
- UK suspends tax co-operation with Russia – click here
- The EU maze for deducting final losses of a nonresident permanent establishment – click here
Global
- OECD releases Commentary and illustrative examples on Pillar Two Model Rules – click here; the OECD original article can be found here
- OECD seeks input on new tax transparency framework for crypto-assets and amendments to the Common Reporting Standard – click here
- A correlation table for the EU Pillar 2 Directive and the OECD Model Rules – click here
- The Future of Transfer Pricing: A Practitioner’s View – click here
- Determinative Factors: “Debt” v. “Equity” and Your Loan to a Foreign Corporation (Part I) – click here
- Guidance concerning tax withholding by agents, other measures – click here
- Thailand: Determining related parties when same group of shareholders involved – click here
- Brazil: Rate changes regarding tax on financial transactions (IOF) – click here
- Philippines: Guidance regarding responsibilities of banks in accepting tax returns and payments – click here
- Zambia: First quarter 2022 provisional income tax return due dates and related penalties – click here
- Mexico: Changes introduced by new transfer pricing regulations – click here
- Bolivia: Extension of tax deadline for public companies – click here
- Costa Rica: Guidance regarding offsetting one type of tax with amounts of another type of tax – click here
- Australia: Tax treatment of digital assets and transactions; policy framework review – click here
- New results on the prevention of tax treaty shopping show progress continues with the implementation of international tax avoidance measures – click here
Romania
- From July 1, 2022, companies can be fined up to 100,000 RON if they do NOT declare the transport of goods with high fiscal risk (RO) – click here
- Tax decisions issued by the General Directorate of Tax Anti-Fraud - the new rollout that could fall on taxpayers (RO) – click here
- The Maldives will be included in the list of reporting jurisdictions with which NAFA exchanges information (RO) – click here
- The Fiscal Authority announces the intensification of the control activity. In 2020, however, it lost almost half of its tax disputes with taxpayers (RO) – click here
- Order for the amendment of Annex no. 1 of the Order of the President of NAFA no. 3626/2016 on the stability of the list of reporting jurisdictions (RO) – click here
- New forms used in the field of tax receivables collection were published (Order 362/2022) (RO) – click here
- The Ministry of Justice blocks the draft GEO that introduces the analysis before the penal referral in the case of companies that cannot remit taxes and withholding taxes to the state budget (RO) – click here
- The gift voucher saga is coming to an end: Fiscal amnesty is proposed in a bill in parliament (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
