brought to you by TPS
Europe
- Cyprus: Submission deadline approaching for country-by-country reporting – click here;
- Germany: Update indicates that Germany has signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information – click here;
- EU: Mutual Agreement Procedure - Monday Newsletter - Edition 13: Arbitration Under the EU Arbitration Convention – click here;
- Spain: Spain referred to the Court of Justice of the European Union for taxation of certain capital gains of nonresident taxpayers – click here;
- Albania: Albania signs multilateral convention implementing Pillar Two subject to tax rule – click here and here;
- Greece: Greece implements AI to combat tax evasion – click here;
- The Netherlands: Proposal to mitigate interest on underpaid tax when a Mutual Agreement Procedure is conducted – click here;
- The Netherlands: Government submits 2026 Tax Plan to Parliament, including Pillar Two changes and implementation of DAC9 – click here;
- Belgium: Ruling confirms application of professional privilege during tax audits – click here;
- UK: HM Revenue & Customs (HMRC) can retrospectively designate Pillar Two territories, qualifying top-up taxes – click here;
Global
- Global: Tax treaty round up (September 2025) – click here;
- OECD: OECD publishes 2025 peer review compilation on country-by-country reporting – click here;
- South Africa: The South African Revenue Service consults customs rules for transfer pricing adjustments – click here;
- UAE: Ministry of Finance signs Crypto-Asset Reporting Framework agreement to share crypto tax data, opens public consultation – click here;
- Senegal: Directorate General of Taxes and Domains suspends country-by-country reporting obligations for FY 2023 – 2024 – click here;
- Sri Lanka: Sri Lanka becomes member of global forum on tax transparency, information exchange – click here;
- Ethiopia: Tax amendments passed by House of Peoples’ Representatives – click here;
- Costa Rica: Guidance on new digital tax platform – click here;
- Korea: Korean Supreme Court changes 30-year precedent on taxation of royalties for foreign-registered patents – click here;
- China: Tax Health in China: A strategic imperative for 2025 and beyond – click here;
Romania
- Tax measures – the second package. Eight major amendments to Law no. 31/1990 on companies (RO) – click here;
- Ionut Dumitru, adviser to the Prime Minister, considers that NAFA should be dissolved and a new institution established / NAFA collects RON 42 billion per month, and it is unclear how the transition would be financed (RO) – click here;
- The Minister of Finance acknowledges that NAFA has caused a great deal of disappointment, but rejects the proposal to dissolve the institution (RO) – click here;
- Regarding the liability of NAFA inspectors (RO) – click here;
- National Energy Regulatory Authority and NAFA sign a cooperation protocol to strengthen the monitoring of energy markets and enhance economic discipline (RO) – click here and here;
- Share capital – amended. Deadline for increase, applied value and an useful example (RO) – click here;
TP Cases
- Romania: Transfer pricing adjustments and VAT implications: The impact of recent the Court of Justice of the European Union decisions – click here;
- The Netherlands: Netherlands vs “Tobacco BV”, September 2025, Gerechtshof Amsterdam – click here;
- Korea: Landmark Supreme Court Decision on Royalties for Patents Unregistered in Korea – click here;
Webinars
- Live Webinar - Managing legal implementation risks in Transfer Pricing, 30 October 2025 – click here and here.
