brought to you by TPS
Europe
- European Commission: European Commission’s ambitious tax simplification package – click here;
- France: Tax updates on “Charasse Amendment,” reinvestment under share contribution deferral regime, preferential tax regimes, and interest deductibility – click here;
- Montenegro: Montenegro issues rulebook on cross-border tax reporting, transfer pricing – click here;
- Sweden: Sweden moves forward on implementation of Pillar 2 side-by-side arrangement – click here and here;
- Netherlands: Updated decree on interpretation of double tax treaties – click here;
- Italy: Transfer pricing documentation in Italy: getting ready for the October deadline – click here;
Global
- United Nations: Transfer pricing comparability gap is as critical as data access – click here;
- Canada: Proposed simplified transfer pricing documentation requirements for small taxpayers and partnerships – click here;
- Mauritius: Finance Act 2026 introduces changes to income tax and VAT, including amendments to Pillar Two rules and rules for suppliers of digital services – click here;
- Japan: Administrative guidance and Q&As updated for Pillar Two rules – click here;
- Australia: Australian Taxation Office (ATO) tightens Country-by-Country (CbC) reporting exemptions, extends administrative relief indefinitely – click here;
- South Africa: Domestic arm’s length rule proposed for special economic zone companies – click here;
TP Cases
- India: Mutual agreement procedure (MAP) resolution not binding for years not covered, particularly when permanent establishment (PE) functions had changed (tribunal decision) – click here;
- India: Indian subsidiary distributing foreign company's products on principal-to-principal basis does not constitute permanent establishment – click here;
Webinars
- Webinar: Transfer pricing hot topics, 26 August 2026 – click here;
Romania
- Romania: NAFA grants the 3% tax credit automatically. New procedure for corporate income tax and micro-enterprise tax – click here;
- Romania: Tax authorities are gaining greater insight into companies' operations. What data is automatically sent to NAFA, and what changes are in store for companies? – click here.
