brought to you by TPS
Europe
- European Commission publishes May 2024 infringements package – click here;
- Netherlands: Netherlands enacts amendments to Tax Arrangement with Curaçao – click here;
- Greece: Guidance on deductibility of commitment fees paid to banks for provision of credit – click here;
- Luxembourg: Luxembourg Transfer Pricing Association inaugurated to address transfer pricing challenges – click here;
Global
- OECD: Tax report to G20 Finance Ministers and Central Bank Governors; other reports on international tax reform developments – click here;
- Global Tax Policy and Controversy Watch | July 2024 edition – click here;
- KPMG report: Employee data reporting under Pillar Two – click here;
- Opinion Statement PAC 1|2024 on evaluation of the Directive on Administrative Cooperation in the field of taxation – click here;
- Peer review reports on tax transparency and exchange of information on request released for six jurisdictions – click here;
- USA: KPMG report: Advance Pricing and Mutual Agreement (APMA) program annual report on advance pricing agreements statistics for 2023 – click here;
- Singapore: Inland Revenue Authority of Singapore publishes guidance to help taxpayers comply with obligations under GloBE rules – click here;
- Singapore: Bill and regulations propose details of implementation of domestic top-up tax and income inclusion rule – click here;
- Canada: Legislation for implementation of Pillar Two rules enacted: Global minimum tax – click here;
- Japan: Japan revises transfer pricing documentation FAQs: Key Updates for 2024 – click here;
- Brazil: Brazil adopts OECD transfer pricing guidelines – click here;
Romania
- Government Emergency Ordinance (GEO) 87/2024 for e-Transport, e-VAT, e-Invoice and minimum wage (RO) – click here;
- National Trade Register Office has changed its online service portal and will offer new services (RO) – click here;
- Until August 5th, NAFA will send the first pre-filled e-VAT statements to companies / What is the deadline for taxpayers to reply? (RO) – click here;
- Personal Tax Identification Number for purchases. How certain citizens will avoid being checked by NAFA based on e-Invoice details (RO) – click here and here;
- The Prime Minister, Mr. Ciolacu, has declared that no further tax changes will be made without consulting the private sector and civil society (RO) – click here;
TP Cases
- Canada: Federal Court solely responsible for reviewing discretionary decisions in transfer pricing matters – click here;
- Netherlands: Transfer pricing alert: uncommercial loan – click here;
Webinars
- Quantera Global Academy: Transfer pricing aspects of financial transactions, 31.07.2024 – click here.
