brought to you by TPS
Europe
- Germany’s new transfer pricing landscape: insights into intra-group financial transactions – click here or here;
- Germany gazettes order declaring MCAA (Multilateral Competent Authority Agreement) - CbC – click here;
- Poland enacts public country-by-country (CbC) reporting – click here;
- Austria’s draft law on public country-by-country reporting: aligning with EU Directives – click here and here;
- Albania: Tax Administration announces common reporting standard (CRS) reporting deadline – click here;
Global
- Algeria extends deadline for 2023 tax returns and transfer pricing documentation – click here;
- Australia: Legislation requiring disclosure of subsidiaries' tax residence in financial reports enacted – click here;
- Australia: Guide to manage requirements of “Division 7A” loan – click here;
- Australian Taxation Office: Tax schemes aren't worth the risk – click here;
- Bolivia: Extended deadline for filing corporate income tax forms, statements – click here;
- KPMG reports: Georgia, Illinois, New Jersey – click here;
Romania
- Micro-enterprises that do not exceed the EUR 500,000 threshold can switch to corporate tax by option? (RO) – click here;
- Romania will obtain support for fiscal consolidation and increased infrastructure investments (RO) – click here;
- Tax revenue collection increased by RON 14.1 billion in the first quarter of FY 2024 (RO) – click here and here;
- NAFA's horizontal monitoring pilot program may turn into a failure: only one company is qualified so far (RO) – click here and here;
- Unpleasant tax surprise for companies: VAT related provision waiting to come into force (RO) – click here;
- What's next at NAFA: new website design and a split of Virtual Private Space (RO) – click here;
- NACE codes update: how the new version of NACE codes looks like, with application starting with January 1, 2025 (RO) – click here;
- New situation on e-Transport: a company received the code from NAFA, but this didn’t appear in the system and the company received a fine / To be judged in court (RO) – click here;
- Major news in e-Transport starting with July 1: the system is massively expanding, with new types of transport to be reported (RO) – click here;
TP Cases
- Australian Taxation Office victorious in landmark transfer pricing case – click here;
- India: Payment for sharing third-party shrink-wrapped software not a royalty (tribunal decision) – click here;
- Korea: Interest deductions could be challenged on arm’s length grounds, but not wholly denied as tax avoidance – click here;
Webinars
- NAFA webinars in May 2024: Taxing rents, filling in and submission of the Single Tax Return and more – click here and here.
