brought to you by TPS
Europe
- Cyprus: Priorities of Cyprus EU Council Presidency; state of play on implementation of DAC8 and DAC9 – click here;
- United Kingdom: Updated transfer pricing guidelines for compliance – click here;
- United Kingdom: His Majesty’s Revenue and Customs (HMRC) updates guidance on transfer pricing, permanent establishments rules, diverted profits tax – click here;
- Poland: Amendments to transfer pricing regulations; other tax developments – click here;
- Luxembourg: Pillar Two registration and reporting forms – click here;
- Luxembourg: Government Council updates country-by-country reporting jurisdiction list – click here;
- Switzerland: Switzerland updates country-by-country reporting list – click here;
Global
- Global: KPMG report - Transfer pricing and international 2026 tax considerations – click here;
- OECD: Fourth batch of updated transfer pricing country profiles – click here;
- OECD: Presentation of the Side by Side Rules – click here;
- Bermuda: New corporate income tax form 001 due February 2, 2026 – click here;
- Australia: Australian authorities step up action against tax dodgers at start of 2026 – click here;
- Africa: African countries advance transfer pricing simplification as The African Tax Administration Forum and OECD deliver joint capacity-building workshops on Amount B – click here;
Romania
- Advance Pricing Agreements increasingly important under new deductibility limitations for intercompany expenses with nonresident affiliated entities – click here;
- 3% bonus for compliant companies - the granting procedure has been updated. Situations in which it may be reduced or cancelled – click here and here;
- NAFA also conducts international tax audits – click here;
- Minister of Finance announces that Romania ended 2025 with a budget deficit below the forecasted level – click here;
- The 2026 state budget is on track, with the draft expected to be published by mid-February, according to the Minister of Finance – click here;
- Pay attention to loans between shareholders and companies - Legal conditions and tax risks – click here;
- Minister of Finance highlights NAFA audits in the ridesharing sector – click here and here;
- Romania introduces key legal changes affecting corporate and mergers and acquisitions transactions – click here;
TP Cases
- India: The Supreme Court held that the general anti avoidance rule (GAAR) applied to deny capital gains exemption for indirect share transfer under Mauritius treaty – click here;
Webinars
- One Price, Four Frameworks - Customs, Transfer Pricing, DAC7 and VAT, 28 January 2026 – click here.
