brought to you by TPS
Europe
- UK modernizing transfer pricing, diverted profits tax rules – click here or here;
- UK publishes draft technical guidance on Pillar Two rules – click here;
- Germany: Legislation to implement country-by-country reporting directive – click here;
- German Ministry of Finance issues updated Administrative Principles regarding Transfer Pricing – click here;
- KPMG report: Survey on application of control of risk and DEMPE frameworks, focus on France, Italy and Spain – click here;
- Switzerland: Implementation of Pillar Two minimum tax approved by public vote – click here or here;
- Norway: Draft legislation implementing Pillar Two minimum tax – click here;
- KPMG reports: Transfer pricing considerations in mergers and acquisitions, focus on UK – click here;
- European Commission wants a new source of money for the EU budget: a national contribution based on company profits / EC: "This is not a tax for companies" – click here or here;
Global
- Canada consulting on transfer pricing reform – click here;
- United States will lose billions in tax under Pillar Two: JCT – click here or here;
- Australia: Tax authority relies on anti-avoidance, not transfer pricing, in foreign related-party financing dispute – click here;
- Brazil Implements Overhaul of Transfer Pricing Rules, Embracing OECD Standards – click here or here;
- Bahrain plans to introduce corporate income tax – click here;
- OECD: Continued progress on harmful tax practices – click here;
- KPMG report: Transfer pricing considerations for ESG-related intangible assets – click here;
- Updated conclusions released on preferential tax regime reviews (June 2023) – click here;
Romania
- Financial transactions are the target of NAFA's complex approaches which aim economic substance and indebtedness (RO) – click here;
- Cross-border information exchange and joint controls - two key pillars in the fight against tax evasion (RO) – click here or here;
- Biris Goran: June is the first filing deadline for groups of companies reporting consolidated corporate income tax. Rules, procedure, forms (RO) – click here;
- Ministry of Finance adviser: NAFA's difficulties are generated by the large of data flow difficult to process in a short time / Existing applications do not even identify problems (RO) – click here;
- Tax increases and the introduction of progressive taxation: solutions to fill the budget gap / 4 scenarios of income tax rates suggested by a study (RO) – click here;
- INTRASTAT statement: reporting requirement, thresholds and information to be declared (RO) – click here.
