brought to you by TPS
Europe
- EU: Updated list of non-cooperative tax jurisdictions – click here;
- The Netherlands: Class action against interest on tax due charged for corporate income tax – click here;
- Spain: Public country-by-country reporting obligations – click here;
- Poland: List of jurisdictions with qualified status for Pillar Two purposes – click here;
- Cyprus: Penalty-free filing deadline for 2022 Corporate Tax Return (TD4) and Summary Information Table (SIT) announced, applicable for taxpayers with related party transactions – click here;
- Greece: Updated forms for withholding tax returns and payment of digital duty on transactions – click here;
- Ukraine: Updates to scope of “controlled transactions” for transfer pricing purposes – click here;
Global
- Israel: Israel clarifies transfer pricing, Country-by-Country (CbC) reporting rules for multinational enterprises – click here;
- Saudi Arabia: Saudi Arabia issues advance pricing agreement guidelines – click here;
- Brazil: Brazil extends commodity transaction registration deadline – click here;
- Vietnam: Multilateral Competent Authority Agreement (MCAA) for exchange of Country-by-Country (CbC) reports signed; amendments to transfer pricing regulations – click here;
Romania
- A company has been subject to a tax inspection because its turnover has increased significantly / NAFA considers this to represent a tax risk (RO) – click here;
- The Minister of Finance encourages NAFA to disregard the “Inspectors’ Bible”, saying that it is normal for NAFA’s employees to interpret the law in the states’ favor. However, the Fiscal Procedure Code’s provisions contradict him (RO) – click here;
- The National Statistical Institute has issued the DRAFT version of the Explanatory Notes for NACE Rev.3 (RO) – click here;
- Microenterprise. Since when do companies that have not submitted their financial statements on time switch to profit tax? (RO) – click here;
- Corporate income tax: Updated forms D101, published in the Official Gazette (RO) – click here and here;
- Attention to Declaration 101: Delays or errors in completion are sanctioned with a fine of up to RON 5,000! (RO) – click here;
- Entrepreneurs called by NAFA to attend tax inspection: some hang up, thinking it's a joke / The issue of documentary verification (RO) – click here;
- SAF-T Form D406: How to calculate the grace period for January 2025 (RO) – click here;
TP Cases
- Mauritius: Eligibility to claim partial exemption on interest income – click here.
