• KPMG: People services newsletter – click here;
  • PWC: Energy industry and coronavirus: adapting strategies to the "new normal" click here;
  • Deloitte: COVID-19 increases the speed of reaction in the real estate market. What will the new normal look like? – click here;
  • Ministry of Finance announces: All companies that pay their debts until December 15 will benefit from tax amnesty – click here;
  • European Commission: Romania's economy will register a contraction of 6% in 2020; the government deficit rises to 9.2% of GDP – click here.


  • Italy imposes a series of liquidity measures in reaction to the COVID-19 emergency – click here;
  • Norway implements financial support programme for COVID-19 impacted businesses – click here;
  • EY: Spain enacts VAT rate reductions to mitigate impact of COVID-19 – click here;
  • KPMG: COVID-19 Transfer Pricing Implications for Intercompany Loans – click here;
  • Mexico proposes amending miscellaneous tax regulations to suspend certain due dates in response to COVID-19 – click here;
  • New Zealand updates COVID-19 tax measures to include reforms to tax loss rules – click here.

Europe & Global

  • OECD officials note disagreement over digital tax update, reveal plans for tax and transfer pricing guidance – click here;
  • Swiss Federal Council recommends changes to withholding tax reform – click here;
  • Sweden: Transfer pricing and financial transactions – click here;
  • Taxing cross-border e-commerce transactions in India – click here;
  • PWC: Business disruption: transfer pricing issues and consideration for the real estate invertment trust industry – click here;
  • PWC: Business disruption: transfer pricing issues and effects for the banking and capital markets industry – click here;
  • EY: Israeli Tax Authority releases draft circular for comments on payments to a parent company under recharge agreements for grant of stock-based compensation – click here;
  • KPMG: Bolster the resilience of your transfer pricing model – click here.


Note: Please note that TPS could not be held responsible for the content and accuracy of the information obtained by accessing these websites, nor for the consequences resulted from any activities one performs based on this information. Even though we are monitoring the outbound links, we do not have control over the availability of the information offered by external references or how often the information is updated.



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