brought to you by TPS
Europe
- Greece: New law introduces significant tax and regulatory changes – click here;
- United Kingdom: Government announces mandatory overseas permanent establishment exemption – click here;
- Moldova: Moldova’s State Tax Service (STS) introduces electronic transfer pricing information form ahead of June deadline – click here;
- Montenegro: Montenegro deposits ratification instrument for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ((BEPS MLI) – click here;
Global
- OECD: Global minimum tax: Release of a common understanding of implementing jurisdictions and further administrative guidance to support compliance – click here;
- Global: Tax treaty round up (May 2026) – click here;
- Australia: The Australian Taxation Office (ATO) announces first public Country-by-Country (CbC) report deadline – click here;
- Brazil: Brazil’s OECD-Aligned Transfer Pricing Regime: A new era of tax scrutiny – click here;
- Kenya: Tax proposals in Finance Bill, 2026 include Country-by-country (CbC) changes – click here;
- Rwanda: Rwanda establishes formal Advance Pricing Agreement (APA) framework under new transfer pricing rules – click here;
- Colombia: Colombia revises tax decree, reinforces transfer pricing compliance rules – click here;
- Peru: The Peru tax authority (SUNAT) issues Mutual Agreement Procedure Guidance Version 2.0 (2026), updates tax treaty dispute framework – click here;
TP Cases
- Germany: Federal tax court clarifies applicable withholding tax (WHT) rate during liquidation process – click here;
- Italy: Supreme Court exempts certain gratuitous intra-group guarantees from transfer pricing rules – click here;
- EU: Court rules transfer pricing profit adjustments fall outside VAT scope – click here and here;
Webinars
- Webinar: The role of contractual arrangements in transfer pricing: Insights from Case Law and Practice, June 24 – click here;
Romania
- Romania: Discussions with NAFA will also be held online. The tax authority is preparing a videoconferencing platform that will be used during tax audits and hearings (official draft) – click here;
- Romania: NAFA uses artificial intelligence to invent non-existent laws and court rulings in decisions against taxpayers – click here and here;
- Romania: The NAFA website received an average score of 3.5 out of 5 from taxpayers (Ministry of Finance) – click here and here;
- Romania: The Ministry of Finance (MF) proposes amendments to the Procedure for guidance and assistance to taxpayers/payers – click here;
- Romania: NAFA expands tax checks in the media sector and intensifies checks on the reality of commercial transactions – click here;
- Romania: No more WhatsApp, Facebook, Instagram, TikTok, ChatGPT, Gemini and personal email for employees from NAFA, Customs and Finance, on workstations, computers, and work laptops – click here;
- Romania: NAFA tax obligations: How to calculate penalties for non-declaration/erroneous declaration – click here.
