brought to you by TPS
Europe
- EU: Update on minimum tax directive; priority of new presidency of the European Council – click here
- Portugal Extends VAT and Transfer Pricing Documentation Deadlines – click here
- Italy: Italian Tax Authority issues Ministerial Circular on Mandatory Disclosure Rules – click here
- Cyprus: Transfer pricing documentation legislation – click here
- Netherlands: New decree on profit attribution to permanent establishments – click here
- Germany on the verge of removing WHT for IP – click here
- UK: HMRC have published four draft Notices providing more details on the Making Tax Digital for Income Tax proposals – click here
- UK may review corporate tax hike – click here
- Poland: Excise duty regulations compliant with EU directive, VAT on chain transactions (CJEU action)– click here
- Italy: Withholding tax on dividends paid to U.S. collective investment funds; refund opportunities – click here
Global
- Multilateral Convention to implement Pillar One on track for delivery by mid – 2023 – click here
- OECD invites public input on the Progress Report on Amount A of Pillar One – click here
- Saudi Arabia issues public consultation document to modify Transfer Pricing Bylaws – click here
- US income tax treaty with Hungary reportedly being terminated – click here
- Pennsylvania: Changes to corporate net income tax laws, other tax changes – click here
- India: Disclosure rules increase TP challenges for Indian-listed companies – click here
- Nigeria: Measures regarding electronic payment of taxes (Lagos State) – click here
- Nigeria: Extended deadline for filing companies income tax returns for 2022 – click here
Romania
- Ministry of Finance published the revised tax measures project (RO) – click here
- NAFA started over 500 tax inspections regarding large taxpayers (RO) – click here
- NAFA buys total monitoring systems for transfer prices charged by multinational companies (RO) – click here
- The order regarding tax increase was adopted on Friday (RO) – click here
- “Netflix tax” – a new tax in Romania (RO) – click here
- Increase of part-time contracts contributions: when it will become applicable? (RO) - here
DAC6
- EU tax advice regulations may limit the disclosures required by DAC6 – click here
- For the latest developments and news concerning DAC6 – click here
- 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/
