brought to you by TPS
Europe
- Cyprus: Draft legislation implementing Pillar Two global minimum tax rules – click here;
- Cyprus announces 2024 reference rates for notional interest deduction – click here;
- Cyprus: Navigating Cyprus' Transfer Pricing Landscape: Updated Thresholds – click here;
- Italy: Transfer pricing requirements for investment manager exemption – click here;
- Malta: Guidance on implementation of Pillar Two global minimum tax – click here;
Global
- US: Amounts B and B-plus? – click here;
- United States and Turkey announce updated digital services tax agreement – click here;
- EY Global Tax Controversy Flash Newsletter (Issue 67) | Transfer pricing and customs valuation – a hot topic in Asia-Pacific – click here;
- Recent Korean TP precedents: insights into strategic tax audits and appeal preparation – click here;
- KPMG report: New beneficial ownership information reporting requirements – click here;
- A closer look at the simplified and streamlined approach (Amount B) – click here;
Romania
- The Government approved the establishment in 2025 of some county structures of the General Anti-Tax Fraud Directorate within NAFA, in an attempt to eliminate tax evasion and increase the revenues collected at the state budget (RO) – click here and here;
- PwC Romania's opinion on tax inspections: The major areas of interest have generally remained the same, but NAFA's approaches have become innovative and more complex. A few warnings for taxpayers (RO) – click here;
- The paradigm of tax inspections in the field of transfer pricing is changing. What's next and what do large companies with operations in Romania need to know? (RO) – click here;
- Large taxpayers paid RON 180 billion to NAFA last year, an increase of 2.9% compared to 2022, the amounts collected from these companies representing almost half of the total revenues of the Agency (RO) – click here and here;
- The extended e-Invoice application is available also in English, but not also the related documentation / Non-resident taxpayers have compliance issues (RO) – click here;
- Do you have several companies and exceed cumulatively EUR 500,000 revenue? None of them can be on the micro regime anymore / The new clarifications of the Ministry of Finance (RO) – click here and here;
- The EUR 100,000 threshold for micro-enterprises to be discussed with the European Commission by the Ministry of Finance. European Commission representatives are coming to Bucharest on 18th of March (RO) – click here;
TP Cases
- Australia vs Singapore Telecom Australia Investments Pty Ltd, March 2024, Full Federal Court of Australia, Case No [2024] FCAFC 29 – click here;
- India: Tested Party Normally Should Be Least Complex Party To Controlled Transaction, Reiterates Calcutta High Court – click here;
- Hierarchy of TP methods: practical learnings from a Swiss case – click here;
Webinars
- Quantera Global webinar: Transfer Pricing for Scale-ups | Thursday 27 March, 2024 – click here.
