brought to you by TPS
Europe
- EU: CFE Tax Advisers Europe: 2025 Tax Policy Report – click here;
- Switzerland: Zurich's transfer pricing practice adapted for the asset management industry – click here;
- Cyprus: Increased local file thresholds for 2026 – click here;
- Cyprus: Cyprus tax reform bills published– click here;
- Germany: Germany to not initiate or renew tax advance pricing agreements (APAs) with China – click here;
- Germany: Amendments to Pillar Two rules, DAC9, and DAC8 legislation enacted; other tax developments – click here;
- Germany: Protocols to tax treaties with Netherlands and Switzerland enter into force – click here;
- Sweden: Further amendments to Pillar Two legislation – click here;
- Moldova: Moldova amends transfer pricing documentation requirements including new master file requirement – click here and here;
- United Kingdom: His Majesty's Revenue and Custom (HMRC) updates Guidance for Compliance 7 (GfC7): Value chain analysis and offshore procurement hubs – what UK businesses need to know – click here;
- Croatia: Implementation of DAC8 and DAC9 requirements – click here;
- Croatia: Tax treaty with Australia signed, protocol to treaty with Switzerland ratified – click here;
- France: User guide for GloBE information return (GIR) – click here;
- France: Multiple reporting exemption regarding public country-by-country (CbC) reports transposed into law – click here;
Global
- UN: UN releases new global guidance on key transfer pricing issues (i.e. agricultural products, BAPA, carbon offsets and carbon credits, pharmaceutical industry, Covid-19, compliance assurance) - click here;
- Global: Tax treaty round up (January 2026) – click here;
- Global: Asia Pacific financial services tax highlights – click here;
- Global: Deloitte report: Testing the water: AI-enabled tax transformation – click here and here ;
- OECD: Base Erosion and Profit Shifting Project - Tax challenges arising from the digitalisation of the economy – Global Anti-Base Erosion model rules (Pillar Two), Side-by-Side Package – click here;
- Australia: Weekly tax round-up (27 January 2026) – click here;
- Australia: The Australian Taxation Office (ATO) issues guidance on Pillar 2 Side-by-Side Package – click here;
- Australia: Business structure – Understand the risks associated with structures and transactions that attract the Australian Taxation Office’s attention – click here;
- Bahamas: Registration for domestic minimum top-up tax (DMTT) begins early 2026 – click here;
- Bahrain: Domestic minimum top-up tax (DMTT) annual return now available – click here;
- Japan: Japan Implementing Pillar 2 Side-by-Side Package – click here;
- Hong Kong: Hong Kong tax review 2025 – click here;
- Thailand: Pillar Two: Overview of current rules and draft secondary legislation – click here;
Romania
- Operational Transfer Pricing - the advantages of switching from "TP file" to "real-time TP monitoring” – click here;
- What the head of NAFA is looking closely at in 2026: a unified approach to transfer pricing and risk analysis, performance indicators for employees, staff rejuvenation, unjustified income of individuals, interventions before settlement procedures / mechanisms and putting SAF-T to work – click here;
- The Ministry of Finance publishes in the “Transparency” section of its website the draft amendment of the Tax Procedure Code for the implementation of new European rules on tax cooperation – click here for the news and here for the Government Ordinance draft;
- NAFA launches ANA - the taxpayers' virtual assistant – click here and here;
- NACE codes Rev. 3, effective from 2026. News and deadlines for taxpayers – click here;
- Switching from micro-enterprise tax to corporate income tax - steps to follow for changing the tax regime – click here;
- Tax registration of business units. What changes, what risks arise and how to correctly apply the legislation – click here.
