brought to you by TPS
Europe
- EU: The new US-EU customs tariffs: Impact on Transfer Pricing and how to adapt – click here and here;
- France: France approves Amount B simplified Transfer Pricing method for transactions with developing countries – click here;
- The Netherlands: Netherlands clarifies application of Anti-Tax Avoidance Directive (ATAD) interest deduction limitations – click here;
- Germany: Germany to not initiate or renew Advance Pricing Agreements (APA) with China – click here;
Global
- OECD: Second batch of updated Transfer Pricing country profiles – click here;
- OECD: OECD updates signatories list for Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) as of July 2025 – click here;
- OECD: Technical guidance to support exchange of tax information released (July 2025) – click here;
- United States: A transfer pricing paradox - high-risk transactions remain underrepresented in Advance Pricing Agreements (APAs) – click here;
- United States: Transfer Pricing enforcement hampered by Internal Revenue Service (IRS) cuts, Executive says – click here;
- Vietnam: Summary of recent key tax legislative developments, July 2025 – click here;
- Costa Rica: Costa Rica gazettes new resolution on Transfer Pricing information return – click here;
- Bermuda: Advisory on enhanced due diligence for high-risk jurisdictions – click here;
- Kenya: Tax changes in Finance Act 2025 – click here;
Romania
- Romania gazettes legislation to amend Advance Pricing Agreements (APAs) and Mutual Agreement Procedures (MAPs) (RO) – click here and here;
- Transfer Pricing under inspection: Essential strategies for companies facing fiscal pressure (RO) – click here;
- NAFA notifications on expenses for 2020 – 2024: How Companies Should Respond (RO) – click here;
- NAFA – The challenges of fixed and permanent establishments (RO) – click here;
- NAFA has launched a crackdown on shell companies (RO) – click here;
- The Minister of Finance: NAFA’s abuses are nothing new. The fact that NAFA is dysfunctional is something we have spoken about from day one. It is clear that there was no genuine desire for reform, to increase collection, or to implement digitalization (RO) – click here;
- NAFA and Microsoft will sign an agreement to take advantage of digital transformation opportunities (RO) – click here;
- Broad reorganization launched at the Ministry of Finance (RO) – click here and here;
- The methodological norms for the application of VAT are being amended – Draft issued by NAFA (RO) – click here and here;
Webinars
- Romania: NAFA seminars scheduled for August 2025 – click here.
