brought to you by TPS
Europe
- Germany seeks to extend deadline for transfer pricing documentation reporting, reduce bureaucratic burden on taxpayers – click here;
- Spain: Consultation on draft bill implementing directive on tax transparency rules for cryptoasset service providers (DAC8) – click here;
- Poland: Draft legislation implementing Pillar Two global minimum tax rules submitted to lower house of Parliament – click here;
- France plans to implement new corporate taxes to reduce budget deficit – click here;
- Italy intends to increase taxes on profitable companies to reduce budget deficit – click here;
- Four European countries ranked among "Top 10 Corporate Tax Havens around the world” – click here;
- Irish Government publishes consultation on tax treatment of interest – click here;
Global
- OECD releases updated common reporting standards (CRS) XML schema, crypto-asset reporting framework (CARF) XML schema, user guides – click here;
- OECD: Latest Edition of Tax Policy Reforms – click here;
- OECD reports tax reforms shift from crisis response to long-term fiscal goals – click here;
- KPMG article: Worldwide trends in transfer pricing – click here;
- KPMG article: Survey on application of control of risk and development, enhancement, maintenance, protection and exploitation (DEMPE) frameworks, focus on Japan – click here;
- Dominican Republic extends CbC reporting deadline – click here;
- Chile passes tax compliance bill with income, VAT, transfer pricing measures – click here;
- Peru enacts new rules for determining fair market value (FMV) of non-listed securities in related-party transactions – click here;
- US IRS representatives say IRS will evaluate transfer pricing documentation and method when deciding on penalties – click here;
- From 2025, Turkey introduces 10% minimum tax on corporate profits to cover budget deficit – click here;
Romania
- Self-employed persons, individual enterprises and family enterprises/businesses will be able to become limited liability companies or other types of commercial companies (RO) – click here;
- Information guide for companies wishing to access the tax amnesty (RO) – click here.
