brought to you by TPS
Europe
- EU finance ministers agree to broaden corporate tax measures – click here
- Austria: Inflation relief-related tax measures, DAC7 implementation, guidance on crypto taxation, updated VAT guidelines, other tax developments – click here
- Hungary: Draft legislation to implement public country-by-country reporting – click here
- Italy: Italian Tax Authority publishes guidance on taxation of trusts in Italy – click here
- Poland: Draft legislation guidelines of reporting obligations for digital platform operators (DAC7) – click here
- Czech Republic: Penalty for filing VAT ledger statement for incorrect taxable period struck down – click here
- Netherlands: Updated policy statement on hybrid mismatches, deduction allowed in cost-plus situations – click here
- Luxembourg transfer pricing ruling did not favour Fiat: EU top court – click here
- Gibraltar: EU Commission extends inquiry into Gibraltar’s corporate tax regime – click here
Global
- OECD releases outcomes of fifth peer review on BEPS Action 13 and updates CbCR guidance – click here
- Global Forum reports significant progress on global transparency and exchange of tax information, while noting further work is needed – click here
- US: Profit shifting continues despite OECD, US tax reform: Research – click here
- Australia: Guidance on country-by-country reporting in Australia – click here
- El Salvador: Tax Code reforms to implement electronic invoicing are approved – click here
- Hong Kong bolstering cross-border tax regime – click here
Romania
- Three new contributions have been introduced in the Nomenclature of tax obligations that are paid in the unique account (RO) – click here and here
- The maintenance activities related to NAFA portal have been postponed for December 2022 (RO) – click here
- Romanian SAF-T returns mandatory starting January 2022 – click here
- SAF-T: medium-sized taxpayers can submit the first six declarations until 31 July 2023 without being fined (RO) – click here
DAC6
- 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/
