brought to you by TPS
Europe
- OECD: Comments on implementation framework of global minimum tax – click here
- OECD releases public consultation document on draft rules regarding scope under Amount A for Pillar One – click here
- OECD releases Consultation document: Crypto-Asset Reporting Framework and Amendments to the Common Reporting Standard – click here
- AG opines DAC 6 reporting obligation could violate right to fair trial and privacy – click here
- Estonian transfer pricing changes aimed to harmonize with OECD practice, leave open questions – click here
- Latvia: Implications of EU “public” country-by-country reporting for Latvian groups – click here
- Latvia: Corporate income tax changes include measures for “doubtful debts,” interest expense limits – click here
- Norway’s challenge to intercompany loan margins for ConocoPhillips and Exxon – click here
Global
- OECD and Brazil work together to align Brazil's transfer pricing rules to international standard – click here
- Brazil to propose new transfer pricing system to align with OECD’s transfer pricing guidelines – click here
- Making tax dispute resolution more effective: New peer review assessments for Andorra, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Faroe Islands, Macau (China), Morocco and Tunisia – click here
- Biden’s tax reforms could leave US multinational corporations at a competitive disadvantage – click here
- Puerto Rico’s Department of State extends due date for filing annual reports and paying annual fees – click here
- Paraguayan Tax Authority publishes requirements for preparing local transfer-pricing technical-study report and eliminates conflict-of-interest provision for auditors – click here
- Kenya: Proposed reporting requirements for multinational entities – click here
- Zambia: Country-by-country reporting rules for 2021 tax year – click here
- Australia: Tax and transfer pricing implications of IBOR reform – click here
- Corporate tax in the Kingdom of Bahrain—fiction or reality? – click here
- Interest on inbound financing: is it arm’s length? – click here
Romania
- What overturns "Support for Romania"? (Op-ed) – click here
- NAFA starts the operation for the taxation of private lessons, rents and beauty / body maintenance activities – click here
- Tax transparency at a new level: media, competition and tax administrations will have access to "Country by Country reporting" reports – click here
- The main 10 questions that NAFA received from taxpayers and the related answers: from SPV, to the Single Declaration – click here
- e-Transport from July 1: If there are high-risk goods, among others, all are declared in the system. OUG, in the Official Gazette – click here
- Cash registers, the main reason for the sanctions given by NAFA in the second half of last year – 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
