brought to you by TPS
Europe
- Italy: UK VAT groups not recognized beginning 2021 – click here;
- Denmark: Proposed interest charge on VAT, tax corrections from 1 July 2023 – click here;
- France Provides Guidance on the Tax Treatment of Professional Expenses Related to Teleworking in 2022 – click here;
- France to crackdown on 'super rich' tax evasion, help middle class – click here;
- Belgium: Changes to investment deduction under proposal for first phase of tax reform – click here;
- Lithuania: Temporary windfall tax for credit institutions – click here;
Global
- Australia: Implementation of a global minimum tax and a domestic minimum tax – click here;
- Australia: Tax integrity – expanding the general anti-avoidance rule in the income tax law – click here;
- 2023 Global Transfer Pricing Guide – click here;
- Hong Kong vs Singapore: Who is going to be the Swiss Tax Planning of Asia?– click here;
- KPMG report: Progress on improving mutual agreement procedure – click here;
- Kenya: Transfer pricing, direct, and indirect tax measures in Finance Bill, 2023 – click here;
- United States: KPMG analysis of IRS 2022 APA statistics – click here;
- Hong Kong Publishes Synthesized Texts of Tax Treaties with New Zealand, Pakistan, Portugal, Qatar, Romania, and Saudi Arabia as Impacted by BEPS MLI – click here;
- Brazil: OECD – aligned transfer pricing rules passed by Senate – click here;
Romania
- The list of good paying taxpayers has been published on the NAFA portal. What conditions companies must meet (RO) – click here;
- Nadia Oanea, tax consultant: Tax time! 25 May 2023 - deadline for submitting the annual income tax return (RO) – click here;
- Did you receive a compliance notification from NAFA? What does it represent and what should be done? (RO) – click here;
- Ministry of Finance still wants RON 20 billions gains from expenses reduction related measures and an action plan of NAFA in order to increase revenues (RO) – click here;
- NAFA announces that it has collected RON 132.9 billion in the first four months of this year, 12% up compared to 2022 (RO) – click here;
- NAFA will no longer collect additional money from taxpayers having accounts on multiple banks in seizures situations. The measure will be applied from October 1st (RO) – click here;
- Ciolacu: We are recording a consumption reduction, which means less money to the State budget, but it does not represent a macroeconomic problem. It does not exist a RON 20 billions missing amount. Romania will adopt progressive taxation in the future, but not before NAFA’s digitalization (RO) – click here;
- NAFA anti-fraud inspectors imposed fines amounting RON 1.55 millions in “Dragonul Roșu” commercial centre (RO) – click here and here;
DAC6
- Netherlands: New guidance on mandatory disclosure rules (DAC6) – click here.
