brought to you by TPS
Europe
- Euro Tax Flash from EU Tax Centre – click here;
- Inflation, budget deficits and economic problems of countries in the region - main topics of debate at Euromoney conference – click here and here;
- Deloitte Partners raise concerns over effectiveness of European commission's transfer pricing directive – click here;
- Italy: New tax calendar, implications for transfer pricing documentation – click here;
- Italy: Pillar Two global minimum tax rules implemented – click here;
- Belgium: Lower house of Parliament adopts draft law implementing public country-by-country reporting – click here;
- Belgium: Law project to introduce a new e-invoicing mandate from January 2026 – click here;
- Czech Republic: Legislation introducing top-up tax, implementing EU directive on global minimum tax, now effective – click here;
Global
- KPMG report: Key takeaways from recent corporate alternative minimum tax releases – click here;
- IRS announces continued enforcement efforts related to high-income individuals, large corporations, complex partnerships – click here;
- Report on recent United States international tax developments – click here;
- United States: Potential FATCA (Foreign account tax compliance act) impacts of changes to Hungary and Chile treaty statuses – click here;
- Brazilian tax authorities implement additional ancillary obligations under new transfer pricing rules – click here;
- Bermuda gazettes corporate income tax act – click here;
- Singapore: IRAS publishes update e-tax guide on common reporting standard – click here;
- Greenland | New transfer pricing rules for 2023 income year – click here;
- South Africa: Estimated assessments for VAT – click here;
- Mexico: Updates to presentation of 2023 annual declaration of legal entities – click here;
- Guyana: Tax-related measures proposed in 2024 budget – click here;
- United Arab Emirates: Corporate tax guide on tax groups – click here;
- Australia: Updated draft tax ruling on royalties, software – click here;
- Algeria enacts finance laws with key measures applicable to corporations – click here;
- Zambia joins Global Forum as 39th African member – click here;
- South Sudan enacts financial act 2023/2024 – click here;
Romania
- Legislation with tax implications published in the Official Gazette of Romania in the period 8 – 12 January 2024 (RO) – click here;
- The Minister of Finance announces: Tax inspections actions will be targeted (RO) – click here;
- The result of a bad state budget: RON 203 billion borrowed in 2023 / What can be expected for 2024? (RO) – click here;
- The companies are concerned that global tax reforms will lead to double taxation (RO) – click here;
- 31 January, first reporting deadline on DAC-7. Compliance guide for digital platform operators (RO) – click here;
- Anti-fraud actions to combat illegal economic activities (RO) – click here;
- E-Invoice software doesn't work, say specialists. The detailed list of problems (RO) – click here and here;
- E-Invoice: What do you need to know about invoices’ attachments / How to proceed if you failed to download invoices with the Ministry of Finance's electronic seal (RO) – click here;
- E-Invoice: NAFA will also issue invoices to taxpayers through the Ministry of Finance's system, like those for the Unique Audit Register (RO) – click here;
- The Ministry of Finance works on a new e-Invoice beta version (RO) – click here;
- E-Invoice: The Ministry of Finance announces it has fixed some errors (RO) – click here;
- NAFA amends tax registration forms: what's new regarding D010, D013, D015, D016 and D700 (RO) – click here;
- SAF-T Assets: should intangible assets be declared? (RO) – click here;
- Medium taxpayers from 1 January 2024: SAF-T filing deadlines (RO) – click here;
- The RO e-Signature system will be implemented at the earliest in 6 months (RO) – click here;
- Effective corporate tax - 15% for large multinational and national groups (RO) – click here;
- Linked enterprises: case study that removes any uncertainty (RO) – click here.
