brought to you by TPS
Europe
- United Kingdom releases new operational guidance on effective risk management in transfer pricing transactions – click here;
- United Kingdom tax authority ‘particularly vigilant’ on transfer pricing, figures show – click here;
- Sweden: Report on government study of interest deduction limitation rules – click here;
- Greece announces 2024 CbC report exchange partners – click here;
- Cyprus: Quality assurance review template for Local file – click here;
- Cyprus: Corporate Tax 2024 – click here;
- Update on Czech tax treaties with Belarus and Russia – click here;
- Commission invites applications for Platform for Tax Good Governance expert group – click here;
Global
- OECD releases updated FAQs for MNEs participating in ICAP risk assessments – click here;
- Ignoring Transfer Pricing’s Commercial Purpose Carries a Cost – click here;
- Draft terms of reference for framework on international tax cooperation released – click here and here;
- Ecuador updates transfer pricing report guideline, introduces new penalties – click here;
- Australia introduces public country-by-country (CbC) reporting bill – click here;
- Dominican Republic extends CbC reporting deadline to 30 August 2024 – click here;
- Colombia Official Talks Global Tax Deal, Mineral Trade (Podcast) – click here;
Romania
- Duration of tax inspection. Expiration dates are in fact recommendation dates. Lack of predictability of the tax procedure (RO) – click here;
- PwC Tax Talks: How are tax inspections changing as a result of NAFA digitization? (RO) – click here;
- NAFA information bulletin: 7 tax news published in the Monitor at the beginning of June 2024 (RO) – click here;
- NAFA and Romanian Customs Authority collected during May almost RON 700 million less than they had planned (RO) – click here;
- The e-Invoice grace period has expired. What companies need to know about the application of fines (RO) – click here and here;
- Analysis: 73% of Romanian SMEs have a weak level of digitization / Romanian SMEs delay implementing an integrated IT system (RO) – click here;
- Adrian Caciu: We are facing a very high tax evasion. The reality shows that tax evasion remains constant (RO) – click here and here;
TP Cases
- Tax Court: As to Listed Transaction, IRS Must Adhere to APA – click here;
- First Transfer Pricing Decision Mishandled by Irish Tax Appeals Court – click here and here;
Webinars
- Transfer Pricing impact of increase in interest rate on intercompany financing transactions, June 19 2024 – click here.
