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Europe
- Poland tax guidance confirms controversial position on year-end transfer pricing adjustments – click here
- Lithuania: Updated transfer pricing documentation requirements – click here
- German Ministry of Finance publishes guidance on German taxation of extraterritorial intellectual property – click here
- Spain: Details of digital services tax – click here
- Luxembourg and Russia sign treaty raising tax on dividends, interest: Yannick Lambert / Luxembourg Times – click here
- Nations must agree to tax regime for digital firms that produces “a fair tax system that provides long-term sustainable revenues” or the EU will make its own proposal, von der Leyen says: European Commission – click here
Global
- UN to add automated digital services article to model tax treaty – click here
- Australia: Minor updates to ATO guidance on arm's length debt test – click here
- Australia: Transfer pricing arrangements and JobKeeper payments, updated guidance (COVID-19) – click here
- Australian tax office loses $92m case against mining group Glencore – click here
- Uranium transfer pricing and Cameco’s battle with Canada – click here
- Mexico: Taxation of digital services, enactment expected for January 2021 effective date – click here
- China: Annual advance pricing arrangement (APA) report; statistics for 2019 and future considerations – click here
- Ghana publishes Transfer Pricing Regulations 2020 – click here
- Zambia: Supreme Court upholds transfer pricing adjustment of mining company – click here
- South Africa: Discussion paper on APAs – click here
- Guernsey extends country-by-country reporting filing deadlines for constituent entities because of COVID-19: States of Guernsey – click here
DAC 6
- Document issued by the working group on direct taxation at EU level in 2018, which clarifies a number of issues related to DAC6 – click here
- Mandatory disclosure rules (DAC6): A look at private equity investment in Luxembourg – click here
- For the latest developments and news concerning DAC6 – click here
Romania
- ANAF DOCUMENT – draft order regarding the 12-month staggering. The installments will be paid on the 15th of each month, and in each of the first 6 months they cannot be less than 5% of the total staggered fiscal obligations (RO) – click here
- Budget figures before rectification - Revenues are 10% lower than planned, but expenditures have also been kept under control. However, the extension of the facility for companies to postpone the payment of tax obligations may affect revenues (RO) – click here
- Five tax news from the Official Gazette: from telework to individuals owning buildings (RO) – click here
