brought to you by TPS
Europe
- Germany: Implications of new obligation to correct tax returns on transfer pricing issues – click here;
- Germany: Germany deposits notifications for Multilateral Instrument entry into force with Czech Republic and Japan – click here;
- Denmark: Simplified transfer pricing rules and reduced documentation burden – click here;
- Denmark: Denmark adopts DAC8 crypto-asset reporting rules – click here;
- Denmark: Parliament approves changes to Pillar Two minimum tax, Pillar One Amount B, related measures – click here;
- Sweden: Sweden proposes DAC8 implementation bill for 2026 – click here;
- France: France sets interest rate caps for shareholder loan deductions in Q2 2025 – click here;
- Latvia: Latvia approves draft law for partial DAC8 implementation – click here;
Global
- OECD: KPMG article - Seeking certainty in an uncertain era for financial transactions – click here;
- OECD: User guides for new status message XML schemas for Crypto-Asset Reporting Framework and Common Reporting Standard – click here;
- United States: Analysis of Advice Memorandum 2025-001 and the IRS’ imposition of periodic adjustments under Treas. Reg. § 1.482-4 – click here;
- United States: KPMG article: Notice 2025-27 provides corporate alternative minimum tax relief to taxpayers – click here and here;
- United States: KPMG article: How digital refunds affect global mobility programs – click here;
- Argentina: Argentina ratifies BEPS multilateral instrument (MLI) – click here;
- Australia: Draft guidance on arm’s length amount of related-party debt – click here;
- Australia: Australian Draft Guideline on Financing Arrangements – click here;
- Algeria: Algeria extends 2024 transfer pricing filing deadline – click here;
- Cambodia: Guidance on documentation for loans between related parties, taxation of trusts, reduced withholding tax on payments by airlines to nonresidents – click here;
- Chile: Guidance on amended general anti-avoidance rule; other direct and indirect tax developments – click here;
- India: KPMG article: Cost of delivery for “Global Capability Centers” in India – click here;
- UAE: Tax guide on interest deduction limitation rules – click here;
- Hong Kong: Pillar Two global minimum tax rules receive legislative approval – click here;
- Mexico: Increased tax collection as a result of transfer pricing audits – click here and here;
- Taiwan: Taiwan clarifies transfer pricing report rules for Tax Year 2024 – click here;
- Gabon: Council of Ministers ratifies BEPS MLI and mutual assistance convention – click here;
Romania
- NACE Rev.2 - NACE Rev.3 correspondence table - Final 30.05.2025 (RO) – click here for Excel file;
- Transfer Pricing Adjustments: The art of maintaining economic fairness and tax compliance (RO) – click here;
- Legislative news - bulletin no. 20 from May 30, 2025 (RO) – click here;
- New taxes under discussion (RO) – click here;
- Business restructurings – Do they have significant implications from a Transfer Pricing perspective? (RO) – click here;
- Deloitte study: Eight out of ten organizations anticipate an increase in investments in Artificial Intelligence in the next fiscal year (RO) – click here;
- EY Entrepreneurship Barometer Study: 71% of companies in Romania adopt Artificial Intelligence, but 75% fear economic risks (RO) – click here;
- What urgent measures should the new government take, from the business community’s perspective? (RO) – click here;
- The Minister of Finance: We are preparing scenarios including costs reductions and tax increases, including a progressive tax if requested by the government coalition (RO) – click here;
- Professor Cristian Paun explains why he disagrees with progressive taxation (RO) – click here;
- Tax audits are on the rise: Which sectors are targeted and what penalties do taxpayers risk? (RO) – click here;
- The Romanian Court of Accounts initiates a compliance audit at the national agency for fiscal administration (RO) – click here;
- NAFA Calendar: Form 397 regarding Uber, Bolt, or other ridesharing platforms, SAF-T, and other tax obligations in June 2025 (RO) – click here and here;
TP Cases
- Brazil & The Netherlands: The Hague Court of Appeal ruled in 3 similar cases on the relevance of the outcome of a Mutual Agreement Procedure for earlier years – click here;
Webinars
- Romania: NAFA's webinars program for June 2025 – click here.
