brought to you by TPS
Europe
- Italy announces proposed one-time windfall tax for banks – click here;
- Luxembourg’s Forward Step in Implementing Pillar Two: A Comprehensive Analysis – click here;
- Luxembourg: Updated FAQ Guide On DAC 6 Mandatory Disclosure Rules In Luxembourg – click here;
- Albania: Guidance on law providing direct and indirect tax incentives for technological and scientific parks – click here;
- Belgium: Overview of APA system – click here;
- Czech Republic: VAT developments – click here;
- Global minimum tax to bring USD 600 million to Switzerland – click here;
- English version of Dutch Transfer Pricing Decree available – click here;
- Reviewing the HMRC consultation on transfer pricing reform – click here;
Global
- New UN report on inclusive international tax co-operation – click here;
- OECD’s green credit guidance sparks billions in clean energy investments – click here;
- Seventh Circuit: Deduction for assumed deferred compensation liabilities not allowed when not paid; Tax Court affirmed – click here;
- Bermuda to levy corporate tax on MNEs from 2025 – click here;
- South Africa’s Advance Pricing Agreement (APA) program: enhancing tax certainty for international transactions – click here;
- South Africa: Draft legislation allowing limited deduction of expenses incurred by companies not trading – click here;
- Ghana: Direct and indirect tax administration provisions in 2023 mid-year budget review – click here;
- Philippines: Scanned copies of expenses do not satisfy tax deductibility requirements – click here;
- Korea: Tax reform proposal for 2023, changes to Pillar Two and transfer pricing documentation rules – click here;
- Russia suspends beneficial withholding tax rates under tax treaties with unfriendly countries – click here;
Romania
- NAFA thematic tax inspections at energy companies - what can taxpayers expect? (RO) – click here;
- How the cross-border mergers and acquisitions are changing (RO) – click here;
- What are the implications of ESG investments for transfer pricing (RO) – click here;
- Marcel Bolos will discuss about tax increases and expenses reduction at a conference in Brussels (RO) – click here;
- More than 1,000 organisations in Romania demand to the Prime Minister Ciolacu to cancel the amendments of the Fiscal Code that affect the NGO sector (RO) – click here;
- Businessmen: Tax measures of this magnitude could generate new imbalances / The sponsorship expenditure regime should not be changed (RO) – click here;
- Fiscal Council: without measures to correct the budget gap, the deficit will exceed 6% of GDP this year (RO) – click here;
- An urgent request from tax consultants. The government must explain how higher taxes help citizens (RO) – click here;
