brought to you by TPS
Europe
- OECD: Comments on regulated financial services exclusion under Amount A of Pillar One - click here
- Labour taxation rebounding as global economy recovers from COVID-19 pandemic - click here
- How Transfer Pricing Practitioners Can Respond to ESG-Related Changes - click here
- Sustaining arm’s length cost allocations for highly integrated development functions – an explorative case study of transfer pricing for InnerSource communities - click here
- Today in Tax: How to Reduce Transfer Pricing Risks and Tax Penalties in Transactions with Overseas Affiliates - click here
- Transfer Pricing Services Market Share, Size, Business Growth Statistics and Forecast to 2030 - click here
- Germany: Denial of input tax deduction in the case of third-party VAT fraud - click here
- Spain: Spanish National High Court issues new favorable decision on reclaims by non-Spanish sovereign funds - click here
- Switzerland: Swiss Parliament to debate tonnage tax bill - click here
- United Kingdom: UK delays reporting rules for digital platforms - click here
- United Kingdom: UK’s 25% tax on excessive profits of oil and gas companies. What measures are the authorities announcing (RO) - click here
- United Kingdom: HMRC Increasing Its Scrutiny Of Transfer Pricing Agreements - click here
Global
- Canada: among low corporate tax jurisdictions as global average falls - click here
- China: China deposits its instruments for the approval of the MLI – click here
- Hong Kong: Tax Authority clarifies multiple issues around profits tax - click here
- Hong Kong: Update on corporate tax issues, including transfer pricing documentation - click here
- Japan: Inflation rose in Japan by more than 2% for the first time in 13 years (RO) - click here
- United States: 2021 statistics show an uptick in demand for APAs - click here
- Malaysia: Petronas Penapisan obtains leave from High Court to challenge RM2.8 bln tax assessment in closely watched transfer pricing dispute - click here
- Australia: Labor party wins 2022 election, tax policies include public country-by-country (CbC) reporting - click here
- China: China deposits an instrument for the approval of the Multilateral BEPS Convention - click here
Romania
- A budget deficit of 16.33 billion RON in the first four months, lower than last year. VAT receipts are on the positive side by 40% (RO) - click here
- Companies can declare corporate tax until June 27, 2022 (RO) - click here
- Daniel Anghel, Partner and Leader of the Tax and Legal Advisory Department: Is it worth going back to the progressive tax? Pros and cons (RO) - click here
- Diana Rosu and Stefan Cristescu, PwC: Companies without any economic activity, used only for aggressive tax planning purposes, are covered by a new EU directive. What's new? (RO) – click here
- Everything taxpayers need to know: NAFA has updated the guide for taxpayers who earn income from renting buildings and rooms for tourism purposes (RO) - click here
- Finalization of the corporate tax for 2021. The deadline for the annual D101 has been extended (RO) - click here
- Is Romania taking steps towards "developed countries" and reducing tax evasion? More taxes and fees. Marcel Ciolacu, plea for the introduction of the progressive tax: Let's take a step towards the developed countries (RO) - click here
- It's OFFICIAL! From July 1st 2022, the use of E-Factura will be mandatory in the relationship between companies and state institutions (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
