brought to you by TPS
Europe
- CFE’s Tax Top 5 – 13 January 2025 – click here;
- Czech Republic updates jurisdictions list for MCAA-CRS, CbC report exchange – click here;
- Germany updates administrative principles for transfer pricing – click here;
- Spain implements Pillar Two: Key insights from Law 7/2024 – click here and here;
- Isle of Man: Guidance for AEOI onsite visits – click here;
- Italy outlines state budget for 2025, lowers corporate tax for reinvestment – click here;
- Netherlands updates low-tax and non-cooperative jurisdictions list for 2025 – click here;
- Sweden consults crypto reporting rules under DAC8 Directive – click here;
- Sweden Amends Pillar 2 Global Minimum Tax Law to include latest guidance – click here;
- Ukraine publishes synthesized texts of tax treaties with the UAE and the UK as impacted by the BEPS MLI – click here;
- Ukraine publishes synthesized texts of tax treaties with Croatia, France, and Pakistan as impacted by the BEPS MLI – click here;
Global
- Pillar One update from the Co-Chairs of the Inclusive Framework on BEPS – click here;
- OECD: Inclusive Framework on BEPS releases updates to global minimum tax administration – click here and here;
- Australia: ATO issues guidance for local file and master file, private property and construction sector company transfer pricing for 2025 – click here and here;
- China: Report on advance pricing agreement (APA) program – click here and here;
- India: Central Board of Direct Taxes (CBDT) releases 6th annual report on APA programme – click here;
- Indonesia issues implementing regulations for Pillar 2 Global Minimum Tax – click here;
- Macau approves New Tax Code and other changes including transfer pricing rules – click here;
- Russia updates tax information exchange list – click here;
- Singapore FAQs on spontaneous exchange of information - click here;
- UAE: Guidance on tax groups, including transfer pricing rules applicable to groups – click here;
- U.S.: Treasury, IRS finalise digital asset reporting rules – click here;
- U.S. publishes joint statement with France on the spontaneous exchange of CbC reports for fiscal years beginning in 2024 and 2025 – click here;
Romania
- Loss-making companies in the crosshairs of the Ministry of Finance. State-owned companies threatened with insolvency, while foreign companies will be checked on "transfer payments" (RO) – click here;
- SAF-T: Categories of taxpayers who are NOT obliged to file the 406 Declaration (RO) – click here;
- Romania ratifies pending protocol to tax treaty with Malta (RO) – click here;
- Romania confirms completion of internal procedures for the entry into effect of BEPS MLI for tax treaty with Azerbaijan (RO) – click here.
