Europe
- 2024 Tax Policy Report – click here;
- Gibraltar: Draft legislation implementing Pillar Two global minimum tax rules – click here and here;
- Georgia: Amended transfer pricing regulations – click here;
- Netherlands: Upper house passes entire 2025 Tax Plan package, including amendments to Pillar Two rules – click here;
- Global Tax Reforms: Pillar I, Amount B, and Their Impact on the Netherlands – click here;
- Italy: Guidance on documentation required for special penalty protection for hybrid mismatches – click here;
- Germany: Ministry of Finance updates transfer pricing guidelines for 2024 – click here;
- Switzerland: Swiss State Secretariat for International Finance (SIF) updates automatic exchange of information (AEOI) jurisdictions list, changes status of Belize – click here and here;
- New CbC Exchange Agreement and Arrangement between Hungary and the U.S. have Entered into Force – click here;
- Guernsey Regulations to Implement Pillar 2 GloBE Rules – click here;
- Hungary: Changes to autumn tax package, including Pillar Two rules, agreed by Parliament – click here;
Global
- International tax reform: Release of new tools for the implementation of Amount B relating to the simplification of transfer pricing rules – click here and here;
- OECD: Exchange of information on tax rulings under BEPS Action 5 - click here;
- OECD Publishes Eighth Annual Peer Review Reports on the Exchange of Information on Tax Rulings – click here;
- Bahrain: Pillar Two global minimum tax implementing regulations – click here;
- Australia: Changes to country-by-country reporting exemption process – click here;
- Australia: List of specified jurisdictions for public country-by-country reporting – click here and here;
- Malaysia Provides New Guidelines on the Implementation of Global Minimum Tax and Updates FAQ – click here;
- Thailand to Implement Pillar 2 Global Minimum Tax in 2025 – click here;
- U.S.: Treasury, IRS clarify stance on OECD’s simplified transfer pricing rules – click here and here;
- U.S. Partially Suspends Tax Treaty with Belarus – click here;
- Notice 2025-4: Application of Pillar One Amount B simplified and streamlined approach – click here;
- KPMG report: Proposed adoption of Amount B in the United States – click here;
Romania
- PwC: Beware of 2024 financial year-end close planning. Non-compliance brings significant fines that can no longer be paid at half value (RO) – click here and here;
- PwC Tax Talks: Romania introduces CbCR. What do the companies concerned have to do now at the end of 2024? (RO) – click here;
- SAF-T: Filing deadlines depending on the category of taxpayers and the fiscal period for VAT (RO) – click here.