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Europe
- Ireland: Updated Automatic Exchange of Information (AEOI) guidance – click here for the press release and here for the report; click here to read the guide;
- Ukraine: Multilateral Competent Authority Agreement (MCAA) for financial data exchange enters into force – click here and here;
- Liechtenstein: Automatic Exchange of Information (AEOI) reports for the Maldives must be resubmitted by September 15, 2024 – click here for the press release and here for the report;
Global
- OECD: Toolkit for developing countries regarding pricing of lithium published – click here and here for the press release and here for the OECD publication;
- OECD: Second Revised Draft Terms of Reference for a UN Framework Convention on International Tax Released – click here;
- United States of America: Jersey - Draft legislation to implement Pillar Two framework issued – click here;
- United States of America: Proposed regulations address certain issues under dual consolidated loss rules – click here;
- United States of America: After 70 Years, It’s Time to Rethink the Foreign Withholding Tax – click here;
- Uruguay approves tax information exchange agreement with the US – click here;
- Australia: ATO releases corporate plan for 2024-2025 – click here for the press release and here for the plan;
- Korea: Proposed Amendments to Korean Pillar Two Rules: An Overview – click here;
- Vietnam: Proposed amendments to corporate income tax law – click here for the press release and here for the report;
Romania
- The government intends to suspend the Double Taxation Treaty between Romania and the Russian Federation, after the latter decided to partially suspend the agreement due to Romania's "unfriendly actions" (RO) – click here and here;
- The Minister of Finance announces: We determine which tax declarations we eliminate. On August 20, we send compliance notices to some companies (RO) – click here;
- NAFA Bulletin: 6 fiscal novelties published in the Official Gazette between July 29 - August 2, 2024 (RO) – click here;
- The government wants NAFA to collect RON 193 billion in the last months of the year, with RON 5 billion more than planned. Expenditure on goods and services should be reduced by another RON 5 billion (RO) – click here;
- What if the supplier has billed incorrectly? NAFA's answers from the recent e-Invoice webinar (RO) – click here;
- What happens if invoices are not received through the e-Invoice system? Recommendations from the Ministry of Finance (RO) – click here;
- Is it mandatory to register all the received invoices in the Virtual Private Space (VPS)? / 5 questions and answers from NAFA (RO) – click here;
- How to calculate the invoice transmission deadline in the national RO e-invoice system (RO) – click here;
- RO e-Invoice: 4 solutions for problems encountered in practice (RO) – click here;
TP Cases
- Switzerland: Federal Supreme Court further clarifies application of safe harbor interest rates – click here;
- Australia: Victorian Court of Appeal dismisses taxpayer’s appeal in Oliver Hume – click here;
- Italy: Italian Supreme Court Affirms Inclusion of Loss-Making Entities in Transfer Pricing Comparability Analysis – click here;
Webinars
- National Conference on Taxation and Accounting – e-Invoice, e-Transport, e-VAT; 12th September 2024 – click here.
