brought to you by TPS
Europe
- Malta: Elective tax to be introduced – click here;
- Germany: Amended list of jurisdictions exchanging country-by-country (CbC) reports – click here;
Global
- OECD: OECD updates signatories list for MCAA-CbC as of April 2025 – click here;
- OECD: Tax incentives lead R&D support in most countries – click here;
- Bolivia: Tax authority extends corporate income tax filing deadline – click here;
- Bermuda: Updated lists of reportable jurisdictions for CbC reports, CRS information – click here;
- Brazil: KPMG article - Brazil’s Pillar Two rules require companies to be proactive – click here;
- Antigua and Barbuda: Country-by-country (CbC) reporting and transfer pricing rules; MCAA for CbC reports – click here;
- Armenia: Armenia limits activities for turnover tax and micro enterprise regimes – click here;
- Algeria: Algeria extends 2024 transfer pricing and individual income tax filing deadlines – click here;
- Israel: Guidelines on CbC report submissions for multinational enterprises – click here;
- India: Transfer pricing framework in MAP agreement cannot extend to other transactions (court decision) – click here;
- South Africa: South African Revenue Service (SARS) updates Income Tax Return for Companies guide – click here;
- United Arab Emirates: UAE adopts OECD Commentary and Agreed Administrative Guidance top-up tax for Qualified Domestic Minimum Top-up Tax (QDMTT) for MNEs – click here;
- Cape Verde: Cape Verde joins OECD agreement on exchange of CbC reports – click here;
- OECD: KPMG article - Impact of tariffs on transfer pricing – click here;
- United States: IRS guidance on review and acceptance of APA submissions – click here;
- Hong Kong: Hong Kong addresses feedback on global minimum tax bill – click here or here;
Romania
- e-Invoice penalties in FY 2025: watch out for fines equal to 15% of the invoice value (RO) – click here;
- Minimum turnover tax in FY 2025. Watch out when D177 filing and sponsorships (RO) – click here;
- Companies that have lost their micro-enterprise status have already raised prices (RO) – click here;
- NACE Rev. 3 codes. What are the obligations of micro-enterprises, authorized persons and limited liability companies starting with FY 2025 (RO) – click here;
- New double taxation treaty with the UK (RO) – click here;
TP Cases
- Luxembourg: Luxembourg vs “EQ LUX”, April 2025, Administrative Court, Case No 50602C (ECLI:LU:CADM:2025:50602) – click here;
- Spain: Spain Issues Key Judicial Guidance on Transfer Pricing Compliance – click here.
