brought to you by TPS
Europe
- Cyprus: Deadline to submit 2022 return for taxpayers required to submit transfer pricing documentation extended – click here;
- Germany: Compromise tax reform bill adopted by mediation committee of Parliament, other tax developments – click here;
- Swiss: SFTA published a detailed set of transfer pricing questions and answers – click here;
- Bulgaria progressing on SAF-T implementation – click here;
- Hungary: Updated CRS filing instructions – click here;
- Latvia: Tax card for 2024 – click here;
- CFE’s Tax Top 5 – 26 February 2024 – click here;
Global
- OECD: Report to G20 Finance Ministers and Central Bank Governors, updates on developments in international tax reforms – click here;
- OECD: Comments on toolkit to support developing countries in addressing BEPS risks when pricing minerals (lithium) – click here;
- United States: IRS announces new effort focused on high-income non-filers – click here;
- Australian Tax Office issues Taxpayer Alert on R&D activities conducted overseas for foreign related entities – click here;
- Revised draft legislation released for public country-by-country reporting in Australia – click here;
Romania
- Taxes 2024: The calendar of the tax liabilities for businesses and other taxpayers for March. NAFA has published the calendar (RO) – click here;
- Romania has received the first Formal Opinion in the OECD accession process, announces the Minister of Finance (RO) – click here;
- E-Invoice Guide, updated by the Ministry of Finance (RO) – click here;
- The Chamber of Tax Consultants has raised 6 issues related to invoicing in the RO e-Invoice platform. A response is expected from Ministry of Finance (RO) – click here;
- The Ministry of Finance has an analysis of the introduction of the progressive tax: “We will provide the technical base” (RO) – click here;
- PwC Romania Video Tax Conference: Analysis of progressive taxation started last year, the decision will be taken on a political level (RO) – click here;
- Mr. Bolos: I believe that in the first half of 2025 the new tax measures will be adopted, which will probably come into effect starting with the 1st of July (RO) – click here;
- The anti-fraud employees of NAFA will be psychologically evaluated annually (RO) – click here;
- The Minister of Finance regarding the militarization of NAFA: We want to reinforce the status of anti-fraud inspectors (RO) – click here;
- Reorganization within NAFA and Ministry of Finance (RO) – click here;
- Tax consultants demand clarifications from Ministry of Finance regarding rental incomes related legislation (RO) – click here;
TP Cases
- Korea: Software fees paid to Irish affiliate treated as royalties paid to U.S. parent – click here;
- United Kingdom: Closure notice valid despite neither party retaining enquiry notice – click here;
Webinars
- Romania: NAFA published the list of webinars for March 2024 – click here.
