brought to you by TPS
Europe
- Members of the European Parliament want a quicker application of new transfer pricing rules – click here;
- The EU updated its list of non-cooperative tax jurisdictions – click here;
- Slovenia enacts adjustments to permanent establishment and interest limitation regulations – click here;
Global
- OECD Pillar One: Report issued on Amount B, simplification of transfer pricing rules – click here or here;
- Global forum on transparency publishes 2024 report on capacity-building activities – click here;
- KPMG report: HMRC guidance on OECD’s control of risk framework – click here;
- Tax treaty round up (February 2024) – click here;
- New Zealand: No adoption of Amount B – click here;
- Ethiopia: New transfer pricing rules – click here;
- Kenya: Transfer pricing developments – click here;
- Nigeria: Migration of electronic platform for filing transfer pricing returns and country-by-country notifications – click here;
- Costa Rica: Certain large domestic taxpayers must submit audited financial statements – click here;
- OECD opens accession discussions with Indonesia – click here;
- Saudi Arabia unveils new tax rules for the Regional Headquarters program – click here;
- South Africa announces implementation of the global minimum corporate tax – click here;
- Singapore: Tax measures in budget 2024 include Pillar Two global minimum tax rules – click here;
- IRS issues long-awaited guidance on implicit support recognition for intercompany loan transactions – click here or here;
Romania
- Recommendations for NAFA. Convention No. 90/436/EEC for the elimination of double taxation in connection with associated enterprises profit adjustment (RO) – click here;
- What hauliers need to know about UIT code generation: NAFA's clarification on the functionality of the National RO e-Transport System (RO) – click here;
- E-Invoice: Invoices must be submitted in the system within 5 or 20 days from the issue date? (RO) – click here;
- It's been 10 years since SPV was implemented, and the system still fails today (RO) – click here;
- e-Invoice 2024: The guide for the use of the National e-Invoicing system has been updated (RO) – click here;
- Former NAFA chief about SPV: The server crashes on 15,000 instant accesses / It's not the NAFA's fault, as it doesn't even operate an IT department, but that of the Ministry of Finance (RO) – click here;
- Ministry of Finance comes up with a simplified version of the e-Invoice system for certain companies (RO) – click here;
- Lucian Heius (Vice-President of Court of Auditors): I am convinced that in two to three years NAFA will become a fair and honest partner towards the taxpayer (RO) – click here;
- EY study: more than half of Romanian companies say they are unaware of the benefits that could be accessed in dealing with tax authorities (RO) – click here;
- Significant news for companies subject to the payment of corporate income tax - main changes for 2024 (RO) – click here;
- Corporate income tax and the global minimum tax are applied simultaneously. The second represents a final check of local taxation (RO) – click here;
- Global minimum tax. Who will pay this tax and why (RO) – click here;
DAC7
- Poland: Draft legislation implementing new reporting obligations for digital platform operators (DAC7) – click here;
Webinars
- How AI (Artificial Intelligence) conquers the world of Transfer Pricing? – click here;
- Romania's macroeconomic and fiscal outlook for 2024 – click here;
