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Europe
- Turkiye: Increased transfer pricing audits in Turkiye – click here;
- Belgium: Advance payments of income inclusion rule (IIR) top-up tax must be made at entity level – click here;
- Germany: Draft legislation to expand application of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) introduced into legislative process – click here;
- EU: CFE’s Tax Top 5 – 9 February 2026 – click here;
- EU: Professional Affairs Committee (PAC) Opinion Statement 1/2026 on the EU Consultation on the Recast of the EU legislation on administrative cooperation in the field of taxation (DAC) – click here for the summary and here for the statement document;
- Germany: Draft legislation to expand application of Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) introduced into legislative process – click here;
- United Kingdom: Finance (No. 2) Bill 2024-26 completes committee stage. An updated version of the bill, as amended in the committee, has been published – click here for the press release and here for the bill document;
- Switzerland & Belgium: Protocol to income tax treaty approved – click here;
- Switzerland & Jordan: Income tax treaty enters into force from January 1, 2026 – click here;
- Luxembourg & Albania: Income tax treaty with enters into force beginning January 1, 2026 – click here;
- Luxembourg & Vietnam: Amending protocol to income tax treaty ratified – click here;
- Norway: Amendments to Pillar Two rules – click here;
- Norway & Qatar: Amending protocol to income tax treaty enters into force from January 1, 2026 – click here;
- Moldova: Tax guide 2026 – click here;
- Ukraine: Increased corporate tax rate for banks – click here;
Global
- OECD: BEPS Action 5: jurisdictions make further progress in addressing harmful tax practices and strengthening transparency – click here for the press release and here for the report;
- Global: Article: Credit rating and implicit support – a simple calculation or a complex judgment call? – click here;
- Israel: Pillar Two global minimum tax rules approved by Parliament – click here;
- Georgia: Updated consolidated position for Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) – click here;
- Hong Kong SAR: Consultation on tax deductions for capital expenditure related to intellectual property launched – click here;
- Macau SAR: Implementation rules for transfer pricing administration – click here;
- India: Draft rules updating transfer pricing reporting, advance pricing agreement (APA) program, block transfer pricing assessments and transfer pricing safe harbor regime – click here and here;
- Malaysia: Tax developments summary (February 2026). Monthly report covering income tax and indirect tax developments – click here;
- Uruguay: Budget 2025-2029 enacted, including Pillar Two minimum tax. Qualified domestic minimum top-up tax applies to fiscal years ending on or after December 16, 2025 – click here;
- Uruguay & Qatar: Income tax treaty signed on December 7, 2025 – click here;
- Colombia: Colombia’s tax authority (DIAN) highlights 2025 transfer pricing adjustment requirements – click here;
- Barbados: Extension of deadline for first Pillar Two registrations. Deadline extended from December 31, 2025, to March 6, 2026 – click here;
Romania
- Romania: Rules regarding the performance of judicial and extrajudicial tax expertise by tax consultants – click here for the press release and here;
- Romania: Accounting and tax treatment of management and consulting expenses – click here;
- Romania: Romania receives formal opinion from the Committee on Fiscal Affairs. Essential step for OECD accession – click here;
- Romania: National Bank of Romania - OECD accession could bring Romania an additional economic growth of up to 1% of Gross Domestic Product (GDP) – click here;
- Romania: When adjustments are no longer local: Mutual Agreement Procedures (MAP) and the new reality of transfer pricing: A PwC article – click here;
- Romania: NAFA press release - Under what conditions does a company become fiscally inactive from 2026 and what obligations remain in force? Tax declaration and payment obligations remain in force even in the situation of declaring fiscal inactivity – click here and here;
- Romania: Order No. 135/2026 of the Minister of Foreign Affairs on the entry into force of an international treaty – click here;
- Romania: Order No. 3162/2026 of the Minister of Foreign Affairs on the entry into force of an international treaty – click here;
- Romania: NAFA 2026 inspections - "Expect inspectors to be much better informed than in the past." What companies should still pay attention to – click here;
- Romania: The 3% bonus through Order 540/2025 - the impact on the minimum turnover tax (IMCA). Useful accounting monograph and news – click here;
- Romania: The minimum turnover tax (IMCA) - Until when it applies and an useful case study for accountants – click here;
- Romania: List of NAFA debtors - How to find out if you have debts to the Tax Authorities – click here;
TP Cases
- Romania: NNDKP secures a significant decision for transfer pricing litigation in Western Romania. Disputes based on the re-qualification of the functional profile – click here;
- Romania: UiPath Romania intragroup transactions, on NAFA's "dissection table". Additional taxation contested. US-Romania tax negotiations (in progress) – click here;
- Poland: The Supreme Administrative Court (SAC) recently held that tax groups are entitled to offset tax losses within a given source of income – click here;
- Denmark: Business conversion between related parties may be reclassified from tax-free to taxable within extended six-year period (Supreme Court decision) – click here;
- Australia: IKEA takes on the Australian Taxation Office (ATO) in major transfer pricing dispute (in progress) – click here;
Webinars
- Navigating Pillar 2: A Joint Webinar by TPA Global & Tax Systems, February 25 – click here.
