brought to you by TPS
Europe
- UK: Consultation on additional draft guidance on Pillar Two global minimum tax rules – click here;
- Germany: German Transfer Pricing Updates Align Arm's-Length Rules, OECD – click here;
- Cyprus: Additional FAQs on new transfer pricing rules – click here;
- Luxembourg updates DAC7 tax reporting rules – click here;
Global
- OECD: International tax reform: OECD/G20 Inclusive Framework on BEPS takes a further step on the implementation of the Amount B of Pillar One – click here;
- UN Approaches for Taxing Cross-Border Services Raise Concerns – click here;
- Global digital trade rules: Proposal negotiated at WTO (The World Trade Organization) – click here;
- U.S. transfer pricing and international tax year-end considerations – click here;
- Australia: Approved form for thin capitalisation test choice – click here;
- Australia: Increased reporting requirements for Local file – click here;
- Canada: The Canada Revenue Agency (CRA) publishes guidance on new reporting rules for digital platforms – click here;
- Peru: Changes to APA rules and introduction of new valuation methods – click here;
- Costa Rica: New ultimate beneficial owner filing obligations – click here;
- Russia updates CbC automatic exchange report list – click here;
Romania
- NAFA has published the Explanatory Guide on the provisions/purpose of the Directive 2011/16/EU on administrative cooperation in the field of taxation ("DAC 7") (RO) – click here;
- The Ministry of Finance: Method of reporting information on corporate income tax in the context of the regulations introduced by Order 2048/2022 (CbCR Directive) (RO) – click here;
- Tax amnesty: the Government has added new conditions. The new form of the GEO, in the Official Gazette (RO) – click here;
- EY Romania: Tax inspections Survey: NAFA did not take into account taxpayers' points of view in 75% of cases (RO) – click here;
- Five-day deadline for e-Invoice reporting opinion: The calculation method recommended by the Ministry of Finance is problematic and violates legal standards in force (RO) – click here;
TP Cases
- Korea: Sales volume must be considered in determining comparability of transactions for transfer pricing purposes – click here;
Webinars
- NAFA organizes online seminars dedicated to the facilities provided by the Government Emergency Ordinance (GEO) 107/2024 – click here.
