Europe

  • European Commission proposes transfer pricing directive – click here;
  • European Commission publishes proposed directive on head office tax system for SMEs – click here;
  • European Commission proposes BEFIT as new EU-wide corporate tax base – click here;
  • Italy: Draft legislation to implement EU Pillar Two directive published – click here;
  • Greece: DAC 7 directive transposed into domestic law – click here;
  • Sweden: Draft Bill for Implementation of Pillar 2 Global Minimum Tax – click here;
  • Bulgaria: New reporting obligation for VAT-registered persons – click here;
  • High Court ruling in the largest Danish Transfer Pricing case ever: Maersk/Total – click here;

Global

  • OECD Secretary-General Tax Report to G20 Leaders – click here;
  • 2023 report on tax policy reforms released – click here;
  • Update indicates that Dominican Republic has signed CbC MCAA – click here;
  • OECD announces that Papua New Guinea has deposited MLI ratification instrument – click here;
  • Kenya revamps Transfer Pricing rules – click here;

Romania

  • Measures prepared by the Ministry of Finance for tax evaders: tripling of fines; higher share capital for the second company created if the first company is insolvent or bankrupt (RO) – click here;
  • e-Invoice in 2024: what will happen from 1st January and 1st July (RO) – click here;
  • Minister of Finance Marcel Bolos: I don't see any room for progressive income taxation now (RO) – click here;
  • The tax package is now on track (RO) – click here;
  • Why will Romanian individuals and companies pay higher taxes. Interview with Minister of Finance Marcel Bolos on the tax package that has already been decided and those still under discussion (RO) – click here;
  • NAFA collected revenue below schedule in July. The month had been planned by the Government as being the one with the highest revenue this year. How much is the revenue gap now (RO) – click here;
  • Liechtenstein Approves Pending Tax Treaty with Romania (RO) – click here.

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Note: Please note that TPS could not be held responsible for the content and accuracy of the information obtained by accessing these websites, nor for the consequences resulted from any activities one performs based on this information. Even though we are monitoring the outbound links, we do not have control over the availability of the information offered by external references or how often the information is updated.

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