brought to you by TPS
Europe
- The Netherlands issues proposed Pillar Two legislation – click here;
- Netherlands: Bill implementing Pillar Two presented to Lower House of Parliament – click here;
- Spain: Bill implementing DAC7 enacted, implications for financial institutions – click here;
- Denmark expands tax liability scope to include activities carried out in the Exclusive Economic Zone – click here;
- Luxembourg enacts tax transparency rules for digital platforms, makes other changes regarding administrative cooperation in tax matters – click here;
- Germany: Administrative guidelines on transfer pricing 2023 – click here and here;
- Turkiye's country-by-country reporting notification deadline is 3 July 2023 – click here;
- Turkiye extends the deadline for tax amnesty application – click here;
Global
- Transfer Pricing Global Documentation Handbook – click here;
- KPMG report: Accounting for tax credits handbook – click here;
- KPMG report: U.S. foreign tax credit issues arising from 2022 Colombian tax reform – click here;
- KPMG report: Transfer pricing implications of automotive innovation – click here;
- Canada: Bill including refundable manufacturing investment tax credit enacted (Ontario) – click here;
- St. Lucia: Updated FATCA TIN guidance – click here;
- Malaysia: Transfer pricing and advance pricing arrangement rules 2023 – click here and here;
Romania
- NAFA prepares a series of tax inspection activities to verify the existence of fixed and/or permanent establishments (RO) – click here and here;
- Two difficult months for NAFA – It must collect RON 80 billion for the state budget just from the June and July schedule (RO) – click here;
- What changes did Law 88/2023 bring to the VAT area: the Fiscal Code before and after (RO) – click here;
- The heads of NAFA and Customs, quickly expected to take action in order to collect more money for the state budget (RO) – click here;
- Flat tax rate versus progressive tax rate (RO) – click here;
- Nicoleta Circiumaru is the new interim head of NAFA, announced the Minister of Finance (RO) – click here and here;
- Three examples of tax inspections. What NAFA inspectors check? (RO) – click here.
