The Slovak Tax Authority has issued guidance specifying the procedure for paying the windfall tax on energy producers. The Cyprus Tax Department has issued a list of frequently asked questions on transfer prici…
In February, the European Union added the Russian Federation to the EU list of non-cooperative jurisdictions for tax purposes. From a tax point of view, this move may also have a significant impact on Czech tax…
Germany has tightened the rules on transfer pricing documentation. The United Kingdom is about to implement the OECD model rules on mandatory disclosure while the European Commission intends to introduce an inf…
Amendments to the draft EU Directive on the minimum requirements for the economic substance of entities (undertakings) established in the EU (the “Directive”), which were approved by the European Parliament in …
In mid-February, the European Council updated the EU list of non-cooperative jurisdictions for tax purposes (“the EU blacklist”). In addition to the British Virgin Islands, Costa Rica, and the Marshall Islands,…
OECD announces new signatories to the Multilateral Competent Authority Agreement. The DAC 7 Directive is being implemented into the domestic law of several countries. You can find more detailed information on t…
The OECD publishes a new report regarding automatic exchange of information. Cypriot and US amendments to the tax legislation soon to come into force. You can find more detailed information on these issues and …
On 13 October 2022, the EU Commission launched a public consultation on the Business in Europe: Framework for Income Taxation (BEFIT) in accordance with which the Commission aims to propose a directive by the t…
As the year draws to a close, we bring you an update on double taxation treaties. From 1 January 2023, the provisions of the new treaties with San Marino, Qatar, and Senegal will be implemented.
On 4 October 2022, the EU Council decided within a regular ECOFIN meeting to add Anguilla, The Bahamas and the Turks and Caicos Islands to the EU list of non-cooperative jurisdictions for tax purposes. With the…