brought to you by TPS
Europe
- EU: The European Parliament will adopt a simplified tax system – click here;
- EU: European Commission - A new tax prepared for large companies – click here;
- EU: CFE’s Tax Top 5 – 14 July 2025 – click here;
- Latvia: Draft amendments partially implementing DAC8 – click here;
- Germany: Application of transaction matrix requirement for transfer pricing – click here;
- France: Obligations between taxpayers and the French Tax Authorities (FTA) under advance pricing agreements (APAs) – click here;
- Slovakia: Slovak Republic adopts DAC8 law – click here;
- Denmark: Denmark updates DAC7 guidance for platform reporting obligations – click here;
- Denmark & Faroe Islands: Denmark, Faroe Islands sign agreement for automatic exchange of tax information – click here;
- Switzerland: EU, Switzerland to amend agreement on automatic financial information exchange – click here;
- Hungary: Hungary updates tax rates on retail, financial entities, and insurance sectors – click here;
Global
- OECD: OECD highlights progress and burden reduction on BEPS standards – click here;
- KPMG report: Year-end tariff refunds – click here;
- Global tax developments quarterly: Accounting for income taxes (Q2 2025) – click here and here;
- Panama & UAE: Panama, UAE, six others removed from EU list of high-risk jurisdictions – click here;
- Australia: Draft guidance on Pillar Two filing obligations – click here;
- Australia: The Australian Taxation Office (ATO) reduces benchmark interest rate for private company loans to shareholders – click here;
- Australia: Advice under development – international issues – click here;
- United States: State and local tax approaches to the definition of a “platform” – click here;
- Dominica: Government introduces country-by-country reporting legislation – click here;
- Japan: Japan’s global minimum tax law: long road ahead – click here;
- Colombia: Colombia sets minimum interest rate on shareholder loans for 2025 – click here;
- Kazakhstan: Kazakhstan consults transfer pricing law amendments – click here;
Romania
- Romania publishes draft form for appointing Pillar Two reporting entity (RO) – click here, here and here;
- NAFA has initiated the procedure for verifying potential profit exports (RO) – click here, here and here;
Webinars
- Australia: Upcoming information session on Pillar Two, 15th of August 2025 – click here.
