brought to you by TPS
Europe
- European Commission initiative to avoid double taxation of dividends and interest. What are the implications? – click here;
- European Commission publishes Annual Report on Taxation 2023 – click here;
- Pillar One Breakthrough Expected In Weeks, European Commission Says – click here;
- Five things to watch as EU Member States roll out Pillar Two rules – click here;
- Netherlands: The Dutch Minister of Finance expects the Inclusive Framework to come to an agreement on a multilateral convention regarding Amount A of Pillar 1 during its meeting of July 10-12 – click here;
- Netherlands: In Obama’s blacklist once, but leading fight against tax avoidance today: Dutch tax official – click here;
- Belgium and Netherlands: New Belgium-Netherlands tax treaty signed – click here;
- France: EU public CbC reporting directive transposed into domestic law – click here;
- UK: The UK holding company regime – click here;
- UK: HMRC issue guidance on fixed place of business permanent establishment and employees – click here;
- Greece introduces new guidelines for tax information sharing – click here;
Global
- British Virgin Islands: Economic substance for BVI entities claiming tax residency in Crown Dependencies – click here;
- Canada’s New Transfer Pricing Proposal Likely to Face Criticism – click here;
- Brazil: Transfer Pricing Reform in Brazil and ‘Options Realistically Available’: New Tax Disputes Ahead? – click here and here;
- Australia: ATO publishes findings report of APA program review – click here and here;
- Australia: ATO draft guidance on concept of control for aggregated turnover purposes published – click here;
- Australia defers public country-by-country tax reporting – click here;
- Kenya rolls out new tax return template to capture data on intercompany transactions for MNEs – click here;
Romania
- Elimination of tax exemptions, a reason for long talk and speculation (RO) – click here and here;
- Taxpayers subject to documentary checks will be invited to a hearing by NAFA if they have not complied (RO) – click here;
- Tax registration decisions issued ex officio, without a hearing of the taxpayer - an unfair practice of tax authorities (RO) – click here;
- The Prime Minister announces that a new discussion on tax measures will take place this Friday (RO) – click here;
- The Ministry of Finance is preparing a tax amnesty. What kind of debts can be written off (RO) – click here;
- Thousands of NAFA tax inspections throughout Romania (RO) – click here.
