Europe & Global
- US and Germany again agree to exchange country-by-country reports on large multinationals – click here
- Italy update transfer pricing reguations – click here
- Glencore’s Australia transfer pricing litigation – the economic considerations – click here
- ICAP pilot for transfer pricing audits to be made permanent, OECD says – click here
- Transactional profit indicators for the TNMM are not viable – click here
- OECD tax revenues fall slightly before the COVID-19 pandemic, but countries face much larger decreases ahead, particularly from consumption taxes – click here
- Hong Kong issues new guidance on tax concessions for ship leasing: Inland Revenue Department – click here
- Netherlands disagrees with Russia’s proposal to amend tax treaty – click here
- Australian Taxation Office: We have confidence in the tax compliance of large corporate groups – click here
- 88% of countries engaging in automatic exchange of financial account information have satisfactory legal frameworks, Global Forum peer review concludes – click here
- EU states agree to share digital platform information to aid tax collections – click here
Romania
- Romania failed to eliminate double taxation for most cases closed in 2019 (RO) – click here
- Taxation in 2021: Implications of recent changes in parliament. What should companies expect? (RO) – click here