Europe

  • Luxembourg: Draft legislation to modernize current investment tax credit published – click here;
  • Cyprus: Tax authorities issue transfer pricing guidance on the pricing of 'back-to-back' financing transactions – click here;
  • Cyprus: introduces 3% VAT rate and adds goods to 0% VAT list – click here;
  • Germany: Federal Ministry of Finance publishes draft decree regarding the application of anti-hybrid rules – click here;
  • Estonia: Significant tax changes in 2024 and 2025 – click here;
  • Poland: Preferential corporate rate; residential depreciation repeal; deductibility of certain expenses – click here;
  • UK and Turkey to negotiate new trade deal – click here;
  • Turkey: New law increasing the corporation tax rates enters into force – click here;

 

Global

  • Pillar Two: OECD Pillar Two updates – click here;
  • OECD Pillar One: Amount B report and public consultation – click here;
  • OECD/G20 Inclusive Framework releases documents on Pillars One and Two: First Impressions – click here;
  • OECD Reports Significant Progress to G20 on International Tax Reforms – click here;
  • Understanding Global Value Chains: How Businesses Operate in Interconnected Networks Across Borders and Why It Matters for Tax and Transfer Pricing – click here;
  • Navigating Carbon Trading and Transfer Pricing: Considerations for Multinational Corporations – click here;
  • Achieving Global Tax Equity: Unveiling the Historic Global Tax Deal – click here;
  • The OECD released a GloBE Information Return & explanatory guidance as well as a second set of Agreed Administrative Guidance items – click here;
  • The Latest on BEPS and Beyond | July 2023 edition – click here;
  • Australia: Capital gains tax – click here;
  • US: Transfer pricing and stock-based compensation – click here;
  • Gibraltar to implement global minimum tax from 2025 – click here;
  • Dominican Republic: Draft law modifying tax assessment, audit and payment procedures – click here;
  • Bahrain: Introduction of corporate income tax confirmed – click here;
  • Nigeria: Current development on taxation of nonresident companies engaged in shipping business – click here;

 

Romania

  • The procedure for the determination and regularization of the corporate income tax/micro income tax differences being additionally redirected has been approved (RO) – click here;
  • The options proposed by social democratic and national liberal parties to cover the budget gap. Which are the differences between their "visions", and what they agreed on (RO) – click here;
  • From where the Coalition gets inspiration for tax hikes: the World Bank report / What the document states (RO) – click here;
  • Gabriel Biris: The budget gap does not actually exist. The mistakes in the state budget law must be fixed (RO) – click here;
  • What the business community wants: The Government should present the tax measures set so we can discuss it (RO) – click here;
  • Nearing deadline in relation to SAF-T reporting for medium-sized taxpayers. Practicalities for medium-sized taxpayers (RO) – click here;
  • Legislation, differences and implications in transfer pricing area from Romania, compared to other European countries (RO) – click here;
  • Tax litigation: Although new grounds of illegality can be raised in court, they can only relate to tax obligations contested in the administrative phase (RO) – click here;
  • BEPS 2.0. The end of tax incentives as we know them today? (RO) – click here;
  • A new opportunity for the professional activity development of tax consultants who opted to perform legal tax expertise activities - expert advisor of the Romanian tax administration (RO) – click here;

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Contacts

email: letstalk@transferpricing.global 

phone: 0040 742 159 142

 

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