Europe

  • Albania introduces new income tax framework, bringing significant changes from 2024 – click here;
  • Belgium: IPT proposals would create new obligations for intermediaries and beneficiaries – click here;
  • Cyprus: EU Updates List of Non-Cooperative Countries for Tax Purposes: Implications for Cyprus Businesses – click here;
  • Germany’s New Transfer Pricing Laws – click here;
  • Hungary's draft legislation on BEPS 2.0 Pillar Two introduced to Parliament – click here;
  • Ireland: Judgment of General Court regarding tax rulings issued to multinational group must be set aside – click here;
  • Italy: Government approves draft decree including significant international tax measures – click here;
  • Sweden: Final legislative proposal to implement EU Pillar Two directive released – click here;
  • EU Parliament Delegation Discusses OECD Two-Pillar Solution and Other Matters with U.S. Representatives – click here;
  • How to manage ESG, value chains, and transfer pricing considerations – click here;
  • ECOFIN Council and European Commission endorse progress made by the Inclusive Framework in respect of Pillar One and Pillar Two – click here;
  • New transfer pricing rules to make life easier for businesses in the EU – click here;
  • Transfer Pricing Reforms in the EU through BEFIT proposal – click here;

Global

  • The Changing Landscape of International Tax Evasion and the Quest for Tax Justice – click here;
  • Global Forum publishes eight new peer review reports on transparency and exchange of information on request – click here;
  • Public consultation on additional toolkit to support developing countries in addressing BEPS risks when pricing minerals – click here and here;
  • Transfer Pricing Brief: November 2023 – click here;
  • Australia: Updated practice compliance guideline on simplified transfer pricing record-keeping options, new safe harbor – click here;
  • Panama: Removal from anti-money laundering “grey list” – click here;

Romania

  • The Fiscal Code, amended by Law 296/202. What changes have been made to taxes and duties (RO) – click here;
  • From 5 November 2023 taxpayers will NO longer receive a warning, but directly a fine, for certain violations of the Fiscal Procedure Code (RO) – click here;
  • 12 essential questions about D406 (RO) – click here;
  • Microenterprises in 2024: Can a company switch to micro tax if it has one employee with “IEC – Individual Employment Contract” but not working full time? (RO) – click here;
  • The law is in the Official Gazette, but consultants still don't know exactly how the 1% turnover tax on large companies will apply. " Any company with a profit rate above 6% has no problems." Alex Milcev, EY Romania: There are still many uncertainties in the tax package. We are waiting for clarification (RO) – click here;
  • Why the Government might scrap the turnover tax for large companies: OECD forces us to transpose a directive (RO) – click here;
  • Attention to e-Invoice from 2024: the fine will be equal to the VAT / Who is responsible for the e-Invoice data: the accountant or the entrepreneur? What Dan Manolescu says (RO) – click here;
  • Anti-fraud inspectors check the application of the Government Emergency Ordinance 67/2023. Fines up to RON 2 million have been imposed on taxpayers (RO) – click here;
  • By 1 January 2024 the taxpayer lists will be updated. NAFA proposes new rules for companies administration (RO) – click here;

TP Cases

  • U.S. Tax Court: Brazilian legal restriction not taken into account in determining arm’s length transfer price under section 482 – click here;

Webinars

  • How to navigate FTTP Controversy, 30 th November 2023 – click here.

111111111

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.

Contacts

email: letstalk@transferpricing.global 

phone: 0040 742 159 142

 

Subscribe to our Newsletter





We value your privacy. Click here to find out more