Europe
- EU: European Court of Auditors report on Anti-Tax Avoidance Directive (ATAD), mandatory disclosure rules (DAC6), and tax dispute resolution directive (TDRD) – click here;
- EU: Economic and Financial Affairs Council (ECOFIN) report on various tax initiatives – click here;
- Belgium: Proposed changes to various automatic exchange of information rules (DAC6 and DAC7) – click here and here;
- France: Guidance on Pillar Two global minimum tax filing and notification obligations – click here;
- Greece: Participation exemption regime extended to third country subsidiaries – click here;
- Cyprus faces tax policy shift: the end of the 12.5% era for multinationals – click here;
- Lithuania: New country-by-country reporting notification requirements – click here;
- Switzerland: The Swiss State Secretariat for International Finance (SIF) released an updated list of jurisdictions participating in the automatic exchange of information (AEOI) – click here;
- Switzerland updates Multilateral Competent Authority Agreement (MCAA) – country-by-country (CbC) participation list, adds Armenia, Georgia, Montenegro – click here;
- Netherlands: Amount B will not be introduced for Dutch taxpayers – click here;
Global
- KPMG picks its 2023 Advance Pricing Agreement award winners – click here;
- Azerbaijan has proposed changes to the Tax Code on penalties for tax non-compliance and country-by-country (CbC) reporting – click here;
- US, Norway Competent Authority Arrangement (CAA) enters into force – click here;
- United Arab Emirates: Navigating transfer pricing challenges in the UAE – click here;
- Malaysia: Guidance on Pillar Two global minimum tax – click here;
- Australia: Pillar Two minimum tax, public country-by-country (CbC) reporting, and foreign residents’ capital gains withholding bills receive Royal Assent – click here and here;
- Australia: Updated guidance on public country-by-country reporting – click here;
- Nigeria: Guidelines on advance pricing agreements – click here and here;
- Taiwan reminds taxpayers of Master File, country-by-country (CbC) report submission deadlines – click here;
Romania
- Romania’s Ministry of Finance clarifies public country-by-country (CbC) reporting rules (RO) – click here;
- The Ministry of Finance resumes its relationship with the experience of tax and accounting specialists, repairing a 2021 order (RO) – click here;
- A new e-Invoice guide outlines the codes dedicated to invoice types – click here;
- Update of the NACE codes from 2025: What limited liability companies, authorized natural persons and other firms have to do at the National Trade Register Office (RO) – click here;
- Tax amnesty: the appropriateness of extending the deadline for filing applications for annulment in the light of existing practical problems (RO) – click here;
TP Cases
- India: Transfer pricing rules applicable to transactions between foreign company and its Indian branch (Tribunal decision) – click here;
- Italy: Transfer pricing legislation not applicable to domestic intercompany transactions – click here.