brought to you by TPS
Romania
- Government loans reached the equivalent of EUR 20 billion after the first eight months, out of EUR 29 billion planned for the whole year – click here
- Administrative stage favorable solution: The right to deduct VAT refused during a tax inspection was admitted in the appeal stage as a result of a Court decision – click here
Europe
- Poland clarifies treatment of dividends under transfer pricing rules – click here
- UK releases new technical guidance for manufacturers – click here
- Greece: APA rollback rules are expanded – click here
- Malta Releases Guidance On EU Anti-Tax Avoidance Directives – click here
- Switzerland To Add Anti-BEPS Provisions To Two Treaties – click here
- Cyprus and Russia sign the Protocol to amend double tax treaty– click here
Global
- OECD publishes report on tax policy reforms enacted both before and after COVID-19 in 37 OECD member countries plus Argentina, China, Indonesia, South Africa – click here
- Country-by-country reporting on the first assessment. What are the conclusions of the Organization for Economic Cooperation and Development draw from the data provided by multinationals? – click here
- Countries have responded decisively to the COVID-19 crisis, but face significant fiscal challenges ahead – click here
- Report on recent US international tax developments – 3 September 2020 – click here
- US: Notice 2020-69 provides rules on entity treatment election for certain S corporations for purposes of GILTI in AAA inclusions – click here
- UAE updates Economic Substance Regulations – click here
- Chile’s new transfer pricing local file and master file obligations for multinationals – click here
- Ecuador requires certain taxpayers to pay all estimated income taxes for tax year 2020 by 11 September 2020 – click here
