brought to you by TPS
Europe
- Norway: Tax authorities hold annual transfer pricing seminar and publish annual report - click here;
- Norway: Norway consults on Pillar Two minimum tax amendments – click here;
- Spain: Consultation on draft Pillar Two forms – click here;
- The Netherlands: Report on international tax rulings, including advance pricing agreements (APAs), requested during 2024 – click here;
- Italy: Extended deadline for penalty-protection documentation on hybrid mismatches – click here;
- Switzerland: Council of States ratifies crypto-asset and common reporting standard (CRS) agreements – click here;
- Switzerland: Switzerland updates multilateral competent authority agreement (MCAA) country-by country (CbC) report exchange list, adding Cameroon and Mongolia – click here;
- Latvia: Latvia consults draft law on mandatory e-invoicing – click here;
- Germany: Germany finalises 2025 automatic financial information exchange list – click here;
- Slovakia: Ministry of Finance consults DAC9, Pillar Two implementation bill – click here;
Global
- OECD: OECD releases report on digitalisation of tax administration – click here;
- OECD: OECD releases guide to help jurisdictions develop tax crime investigation manuals – click here;
- Antigua and Barbuda: Antigua and Barbuda signs base erosion and profit shifting multilateral instrument (BEPS MLI) - click here;
- Malaysia: Timeline for implementation of e-invoicing revised for certain taxpayers – click here;
- Australia: Further guidance on public country-by-country (CbC) reporting – click here or here;
- Kenya: National Treasury publishes budget statement 2025-26, reduces corporate and digital tax rates – click here;
- South Africa: South African Revenue Service (SARS) issues updated guide and quick reference for advance tax rulings – click here;
- Uganda: Uganda presents 2025–26 budget, proposes income tax exemption for start-ups – click here;
- US: Internal Revenue Service (IRS) enhances pre-filing agreement programme for large and multinational businesses – click here;
- UAE: UAE Federal Tax Authority (FTA) publishes updated corporate tax self registration manual – click here;
- Vietnam: National Assembly approves revised corporate tax law, introduces improved incentives – click here;
- Venezuela: National Integrated Customs and Tax Administration Service (SENIAT) announces adjustment to tax unit value – click here;
- Seychelles: Seychelles and the Pillar Two subject-to-tax-rule (STTR): Navigating the multilateral instrument (MLI) Landscape – click here;
Romania
- The Fiscal Procedure Code. The statute of limitations for the year 2019 does not expire on July 1, 2025 (RO) – click here;
- Dan Manolescu (President of Chamber of Tax Consultants): We are living a good life based on credits received, but we're in a hidden recession. We need to raise existing taxes because we increased pensions last year (RO) – click here;
- New provisions regarding the regulation of the RO e‑Transport System (RO) – click here;
- e‑Invoice: What Romanian companies say about the switch to electronic invoicing, more than a year after implementation (study) (RO) – click here;
- Common message from business leaders: Progressive taxation will not bring the necessary money to the budget. What are the arguments? (RO) – click here;
- e‑Invoice in its final phase: what new obligations appear from July 1, 2025 for companies, non-governmental organizations, and farmers (RO) – click here;
TP Cases
- Hong Kong: Court of First Instance upholds Board of Review’s decision on burden of proof – click here.
