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Europe
- Austria to enact new interest limitation rule in accordance with EU ATAD as of 2021 – click here
- Denmark: New requirement for annual submission of transfer pricing documentation – click here
- Italy publishes updated 2020 transfer pricing documentation guidance – click here
- Poland implements significant changes to corporate income tax law – final bill published in Journal of Laws – click here
- Spain releases draft Bill implementing ATAD 2 for public consultation – click here
- EU Council approves DAC7 digital transparency rules – click here
- EU 2021 taxation: New Year’s resolutions – click here
Global
- The US and Mexico’s transfer pricing approach for maquiladoras – click here
- Australia: Updated guidance on APAs – click here
- Ghana: Transfer pricing regulations (2020) – click here
- OECD releases 2020 update on peer review of preferential tax regimes and no or only nominal tax jurisdictions – click here
Romania
- Annual declaration on actual beneficiaries - also removed for certain associations and foundations. Other obligations disappear (RO) – click here
- Double taxation and ignoring the prescription by the Environment Fund Administration, definitively confirmed as illegal by the HCCJ in a case involving one of the heavy industry leaders (RO) – click here
- Prohibition of double sanctioning of the same wrongful act. Invoking the non bis in idem principle in the review of administrative litigation (RO) – click here
- The OECD has named the champions of the mutual agreement procedure. Romania, where to? (RO) – click here. The article from OECD can be found here
DAC 6
- The French Tax Authorities published the final guidance regarding the definition of some key concepts for the MDR reporting and the hallmarks interpretation – click here
- Sweden updated its DAC6 guidance. Estonia enacted the law officially providing a 6-months deferral for DAC6 reporting – click here
- Italy released the XML schema for DAC6 reporting purposes – click here
- Belgium released the XML schema and the user guide for reporting purposes – click here
- Latest developments and news concerning DAC6 – click here
