brought to you by TPS
Europe
- Austria Extends BEPS MLI to 34 Additional Tax Treaties – click here;
- Denmark: Denmark vs Maersk Oil and Gas A/S (TotalEnergies EP Danmark A/S), September 2023, Supreme Court, Case No BS-15265/2022-HJR and BS-16812/2022-HJR – click here;
- Greece: Updated procedure for advance pricing agreements – click here;
- Luxembourg: Pillar Two draft law—Phase one: To be or not to be in scope of Pillar Two – click here;
- UK: HMRC guidance on Advance Pricing Agreements: important updates – click here;
- UK: Upper Tribunal dismisses JTI’s appeal on unallowable purpose – click here;
Global
- Canada moves ahead with its own digital services tax, releasing draft legislation – click here;
- Israel: Israeli tax authority issues updated guidance on Mutual Agreement Procedures, in line with BEPS principles – click here;
- Japan Publishes Revised Synthesized Text of Tax Treaty with Finland as Impacted by the BEPS MLI – click here;
- BEPS MLI in Force for Vietnam – click here;
- Transfer Pricing Brief: September 2023 – click here;
Romania
- The government introduces the corporate income tax adjuster. What companies need to know (RO) – click here;
- The government has decided! Micro-enterprises will pay 1% or 3% tax, depending on the €60,000 threshold (RO) – click here;
- Lucian Croitoru: Whispers of tax measures (RO) – click here;
- What NAFA’s data shows: the 3,300 largest companies in Romania, the big taxpayers, have 60% of the total turnover but generate only 40% of the profit, while small and medium-sized companies bring in the remaining 60% of the profit. How can this be explained? (RO) – click here;
Webinars
- Attention taxpayers: this month's NAFA webinars schedule – click here and here;
- Quantera Global 10 years webinar series: Asia | Thursday 21 September, 2023 – click here;
- 27th Session of the Committee of Experts on International Cooperation in Tax Matters, 17th – 20th October 2023 – click here.
