brought to you by TPS
Europe
- EU Public Country-by-Country Reporting Implementation – where we are – click here;
- Bulgaria: Amendments to beneficial owners registry law – click here;
- Cyprus: Debt–Equity Rules Shape Transfer Pricing Risk for Taxpayers – click here;
- Slovakia publishes draft law on global minimum tax – click here;
- UK tightens grip on promoters of tax avoidance schemes – click here;
- Luxembourg approves draft tax bill on global minimum tax – click here;
- Ireland launches second Feedback Statement on EU Minimum Tax Directive and proposed legislative approach – click here or here;
- Germany to benefit ‘moderately’ from OECD’s international tax reform – click here;
Global
- New OECD working paper on MNE investment and corporate taxation – click here;
- US: Amount B and the quest for tax certainty – click here or here;
- US companies get temporary relief from global minimum tax deal – click here and here;
- Canada and Mexico: Survey on application of control of risk and DEMPE frameworks, focus on Canada and Mexico – click here;
- Nigeria: Highlights of the 2023 guidelines on Mutual Agreement Procedure – click here;
- Nigeria: Transfer pricing audits In Nigeria: proactively considering dispute resolution options – click here;
- South Africa proposes an Advance Pricing Agreement (APA) program – click here;
- Egypt: Avoiding tax pitfalls by understanding the interaction between TP adjustments and taxes in Egypt – click here;
- Philippines: The role of transfer pricing in exchange of information – click here;
- Vietnam looking to implement global minimum tax – click here;
Romania
- DRAFT document regarding new fiscal measures: 3% tax for micro-enterprises with income over RON 300,000 / Taxation on ownership of several real estate properties / Threshold for taxation of income for IT professionals (RO) – click here or here or here or here;
- Updates on DRAFT document regarding new fiscal measures: The Government abandons the increase of dividend tax, 5% VAT still included, taxation increase on the stock exchange. Yesterday's draft - changed, another tax on properties (RO) – click here;
- Fiscal changes: New tax "on the guilt" of having more houses / Adrian Vascu: If you have a house worth 1 million EUR, you do not pay anything to NAFA (RO) – click here;
- Tax obligations calendar for August 2023: What are the tax obligations that companies have in August (RO) – click here;
- NAFA has published taxpayers black and white lists (RO) – click here and here;
- Minimum wage increase from 2023: net salary could reach RON 2,070 and what those from the construction sector could lose (RO) – click here;
Webinars
- NAFA webinars schedule for this month – click here.
