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Europe
- EU: European Commission report on evaluation of Directive on Administrative Cooperation (DAC) – click here and here;
- Andorra & Monaco & San Marino & Liechtenstein & Switzerland: European Union Parliament endorses protocols to expand Automatic Exchange of Information-Common Reporting Standard agreements with Andorra, Monaco, San Marino, Liechtenstein, Switzerland – click here;
- Liechtenstein: Additional Pillar Two registration requirement adopted – click here;
- Malta: Malta launches 15% final corporate tax regime as a simplified alternative to imputation system – click here;
- Malta: Guidance on automatic exchange of information – click here;
- Belgium: Extended filing deadline for domestic minimum top-up tax return – click here;
- Italy: Filing and payment obligations for Pillar Two top-up tax – click here;
- Estonia: Estonia calls for Pillar Two tax flexibility for small EU economies – click here;
- Portugal: Reduction in corporate income tax rates from 20% to 17% (17% for tax periods that commence on or after January 1, 2028) – click here;
- Ireland: FY 2024 - Key trends in Mutual Agreement Procedure (MAP) and Advance Pricing Agreements (APAS) as Ireland recognised as most improved jurisdiction for APAS – click here;
- United Kingdom: Transfer pricing: new His Majesty’s Revenue and Customs guidance raises the bar for benchmarking studies – click here;
Global
- Global: KPMG article - How generative artificial intelligence may affect value chains and transfer pricing – click here;
- Global: KPMG report - Treatment of joint ventures under the Pillar Two model rules – click here;
- Global: Segmentation in Transfer Pricing: Re-examining the economic reality behind arm’s-length margins – click here;
- Global: Mutual Agreement Procedure (MAP) Monday Newsletter - Edition 21: OECD Tax Certainty Day 2025 - MAP Awards – click here;
- Global: Global Tax Alert - The latest on Base Erosion and Profit Shifting (BEPS) and beyond – click here;
- Global: Report considers ways to simplify taxation of cross-border business activities – click here and here;
- OECD: OECD updates Model Tax Convention to reflect rise of cross-border remote work and clarify taxation of natural resources – click here;
- OECD: Updated list of signatories to the Multilateral Competent Authority Agreement on the Exchange of GloBE Information – click here;
- OECD: Heads of tax administrations agree further work on collaborative projects to reduce compliance burdens and deepen co-operation in tackling tax gaps – click here;
- OECD: Tax Administration 2025 - Comparative information on OECD and other Advanced and Emerging Economies – click here;
- OECD: Tax administration then and now: Ten years of digital tax revolution - do you feel the change? – click here;
- OECD: Plenary meeting of the OECD Forum on Tax Administration – click here to read the Statement of Outcomes and here to watch the replay of the opening session;
- United States: KPMG article: Year-end updates and tax planning for partnerships – click here;
- Morocco: Government approves draft decree updating transfer pricing documentation, filing rules – click here;
- Australia: Australian Taxation Office to revise transfer pricing guidance on imported products – click here;
- India: Ministry of Finance clarifies transfer pricing tolerance range for FY 2025 – FY 2026 – click here;
- Japan: Overview of tax system (2025) – click here;
Romania
- OECD confirms progress with Mutual Agreement Procedures and Advance Pricing Agreement procedures - Romania remains in the game, and the outlook for FY 2025 is optimistic – click here;
- NAFA proceeds to freeze bank accounts and impose seizures immediately upon issuing tax assessment decisions derived from documentary verifications – click here;
- Austerity package 2 - Tough changes for companies starting with 1 January 2026 – click here;
- Transactions with related parties - News brought by the second fiscal reform package [Case study] – click here;
- Access to data on the ultimate beneficial owners of companies in Romania restricted for the general public following a decision of the Court of Justice of the European Union. Applicants are now required to demonstrate a legitimate interest in order to obtain such data – click here;
TP Cases
- India: Taxpayer treated as limited-risk distributor and use of transactional net margin method upheld (tribunal decision) – click here;
Webinars
- OECD: 10 December 2025, Unpacking the 2025 update to the OECD Model Tax Convention – click here.
