brought to you by TPS
Europe
- EU: Stakeholder feedback on request for input on simplifying direct taxation rules – click here;
- EU: Introducing EU Inc.: A new era for cross-border business in the EU – New York office Snippet – click here and here;
- France: The European Commission (EC) issues formal notice letter to France regarding implementation of parent-subsidiary directive; state of play on implementation of DAC8 and DAC9 – click here;
- France: Interest paid to shareholders: First 2026 quarterly interest rate limit established – click here;
- Jersey: Common Reporting Standard technical guidance notes published – click here;
- Spain: Spain’s 2026 tax control plan: Key transfer pricing and compliance risks – click here;
- Belgium: Belgium issues guidance on Pillar One Amount B – click here;
- Germany: Germany updates jurisdiction list for the exchange of Country-by-country (CbC) reports – click here;
- Netherlands: Netherlands introduces ‘Freedom Contribution’ in 2026 Spring Memorandum – click here;
- Ireland: Revenue eBrief No. 067/26 Part 33-03-03 - EU mandatory disclosure of reportable cross-border arrangements – click here;
- Ireland: Updated Pillar Two guidance – click here;
- Czech Republic: Updated domestic list of non-cooperative jurisdictions regarding controlled foreign company (CFC) rules – click here;
- Finland: Amendments to Pillar Two rules enacted – click here;
- Greece: Confirmation of application of Pillar Two safe harbors – click here;
- Greece: Public consultation on draft legislation for DAC9 implementation – click here;
- Poland: Updated national list of non-cooperative jurisdictions – click here;
Global
- OECD: The African Tax Administration Forum (ATAF) and the OECD deliver new tax capacity-building workshops on transfer pricing simplification for African countries – click here;
- Global: Global Value Chains and the Separate-entity Principle: Rethinking intra-group relationships in Corporate Law and International Tax Law – click here;
- Korea: Implementation of global minimum tax “pre-filing” system – click here;
- Vietnam: Summary of recent key tax legislative developments, March 2026 – click here;
- Australia: Amending a global and domestic minimum tax assessment and GloBE Information Return (GIR) – click here;
- Australia: Lodging, paying and other obligations for Pillar Two – click here;
- Canada: 2025 budget tax measures, including new transfer pricing rules and repeal of Digital Services Tax (DST), enacted – click here;
- United States: The Internal Revenue Service (IRS) reports decline in advance pricing agreement executions amid staffing challenges – click here and here;
- Japan: 2026 tax reform bills passed by National Diet – click here;
- Japan: Administrative guidance on undertaxed profits rule (UTPR) and qualified domestic minimum top-up tax (QDMTT) – click here and here;
- Kuwait: Pillar Two rules include transfer pricing principles aligned with OECD Transfer Pricing Guidelines – click here;
TP Cases
- India: Vesta Wind case (Application of non-discrimination article in Denmark / India double tax treaty) (Tribunal decision) – click here;
- Canada: Canada vs Owens Corning Canada Holdings ULC, March 2026, Tax Court, Case No. 2026 TCC 60 – click here;
- Italy: Italy vs GE Medical Systems Italia S.p.A. (Nuovo Pignone Holding S.p.A.), March 2026, Supreme Court, Cases No 7169/2026 and 7163/2026 – click here;
- Tanzania: Tanzania vs Amadeus Global Travel Distribution Limited, March 2026, Court of Appeal, Civil Appeal No. 227 of 2025 – click here;
Webinars
- Webinar: Navigating the first Pillar Two compliance cycle: Joint Webinar by TPA Global & Tax Systems, April 14 – click here;
- Webinar: EMEA Dbriefs webcast: Platforms and GenAI for tax and legal teams, April 14 – click here;
- Webinar: Switzerland corporate roundtable: Re-designing the tax function in an era of intelligent systems, May 7 – click here;
- Webinar: Germany corporate roundtable: Digital transformation in tax, May 19 – click here;
Romania
- Romania: New tax adjustments: Ordinance No. 203 of February 25, 2026, approving the Clarifications on the presentation of deferred taxes established by constituent entities regulated by Law no. 431/2023, ensuring a global minimum level of taxation for groups of multinational enterprises and large national groups – click here;
- Romania: Amendments to Law No. 227/2015 on the Fiscal Code introduced by Emergency Ordinance No. 8/2026 – click here;
- Romania: Ministry of Finance clarifications: The micro-enterprise tax regime and the application of the condition regarding the submission of financial statements – click here;
- Romania: Oil companies in Romania are now required to contribute to a solidarity fund. Profit.ro reports that NAFA is already conducting transfer pricing audits on major oil companies. They will be followed by companies from the energy production and supply industries – click here;
- Romania: NAFA has updated its tax registration forms – click here;
- Romania: IFRS 18 - A new standard redefining how companies report financial performance – click here.
