brought to you by TPS
Europe
- Germany: Ministry of Finance releases draft regulation for implementing e-invoicing mandate – click here;
- Luxembourg: Draft law amending Pillar Two law introduced to Parliament – click here;
- Greece updates list of jurisdictions under Automatic Exchange of Financial Account Information – Common Reporting Standard – click here;
- Poland publishes DAC7 implementation act in the gazette – click here;
Global
- OECD identifies countries that could benefit from simplified Transfer Pricing rules – click here;
- New OECD administrative guidance clarifies application of Pillar Two minimum tax – click here;
- OECD: Further guidance on Pillar One Amount B and Pillar Two global minimum tax – click here;
- OECD releases further digital tax guidance – click here;
- KPMG report: Further guidance on Pillar Two GloBE model rules – click here;
- KPMG report: OECD unveils further details on Amount B simplified approach – click here;
- KPMG report: New Amount B guidance expands on definitions – click here;
- Taxpayers must adapt to Arm’s-Length Range’s varying local rules – click here;
- United States: Treasury and IRS release guidance on partnership “basis shifting” transactions – click here;
- United States: Treasury announces suspension, by mutual agreement, of the Russia income tax treaty – click here;
Romania
- NAFA controls in May 2024. Additional amounts of over RON 600 thousand have been established (RO) – click here;
- NAFA reminder: Until June 25, 2024, you must submit D100 and D101 returns (RO) – click here;
- Modifications regarding the organisation and operation of Finance Ministry and NAFA (RO) – click here and here;
- Invoices not submitted on time in E-Invoice. Do the fines apply to each invoice? (RO) – click here;
- E-Invoice: How to generate and submit an XML invoice? (RO) – click here;
- Draft GEO: 9 important changes to E-Invoice legislation proposed by the Ministry of Finance (RO) – click here;
- E-transport: The list of goods with tax risk will be modified starting with July 1, 2024? (RO) – click here;
- The Authority for Combating Money Laundering and Terrorist Financing is established (RO) – click here;
- False messages on behalf of NAFA (RO) – click here and here;
TP Cases
- Lessons learned from JTI and other recent unallowable purpose cases – click here;
Webinars
- Arm's Length wrestling | round 3 | Denmark vs Maersk Oil, July 11, 2024 – click here.
