Austria updates CRS reporting jurisdictions list
Austria has released an updated Ordinance, effective from 1 May 2025, with new lists of participating and reportable jurisdictions for the automatic exchange of financial account information under the Common Reporting Standard (CRS), adding Armenia,
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Greece updates CbC report exchange list for 2023 under MCAA
Greece published Decision No. A 1056 in the Official Gazette on 30 April 2025, updating the list of jurisdictions participating in the exchange of country-by-country (CbC) reports under the Multilateral Competent Authority Agreement (MCAA) for the
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Kazakhstan updates CbC notification form, mandates e-filing
Kazakhstan has revised the MNE group participation notification or country-by-country (CbC) notification form through Order No. 84 of 24 February 2025. The Order No. 84 amends Order No. 178 of 14 February 2018, which includes adjustments to the
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EU publishes DAC9 directive for top-up tax information return
The EU has published the Council Directive (EU) 2025/872 of 14 April 2025 amending Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC9) in the Official Journal of the European Union on 6 May 2025. The directive
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Lithuania tightens DAC7 rules for platform operators and cross-border data exchange
Lithuania’s State Tax Inspectorate has amended Order No. VA-95 to align with the EU’s DAC7 Directive on 23 April 2035. From 24 April 2025, all platform operators—including those represented by another operator—must file an annual XML
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Ukraine: Government approves draft law on international exchange of information for income earned via digital platforms
The Ukrainian government approved a draft law introducing new rules for reporting and exchanging information on income earned through digital platforms on 29 April 2025. The proposed measures align with the OECD Model Rules and the EU’s DAC7
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Belgium unveils tax reforms, includes tighter exemptions, broader exit tax
The Belgian government has presented an overview of its tax reforms to the parliament on 24 April 2025. This follows after Belgium’s five political parties agreed on a coalition government program on 31 January 2025, outlining various tax
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Finland consults on interest deduction limit rule changes for key infrastructure project lenders
Finland’s Ministry of Finance has initiated a public consultation on 9 April 2025, on a draft proposal to Parliament to amend the regulation on the interest deduction limit. The proposal seeks to amend the interest deduction limitation
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Philippines enforces mutual assistance convention
The OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters, amended by the 2010 protocol, took effect in the Philippines on 1 May 2025. The Multilateral Convention on Mutual Administrative Assistance in Tax Matters
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Kenya enforces BEPS Multilateral Instrument (MLI)
The Multilateral Convention to Implement Tax Treaty Measures to Prevent Base Erosion and Profit Shifting (MLI) took effect in Kenya on 1 May 2025. For tax treaties between Kenya and countries where the MLI is already in force, it applies from 1
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UK: HMRC consults transfer pricing framework, permanent establishment rules, diverted profits tax
The UK’s tax authority, His Majesty’s Revenue and Customs (HMRC) has launched consultations seeking public input on potential updates to the UK’s transfer pricing framework, permanent establishment rules and the diverted profits tax on 28
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Netherlands releases draft tax plan measures for 2026
The Netherlands State Secretary for Finance has sent a list of tax measures on 25 April 2025, which are expected to be included in the annual Tax Plan and other tax legislation planned for the year, to the lower house of parliament. The Tax Plan
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Malta updates financial account information exchange guidelines
Malta’s Commissioner for Tax and Customs has released an updated version (4.7) of the guidelines on the Automatic Exchange of Financial Account Information (DAC2), published on 21 April 2025. The revisions include a new definition of
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OECD consults Ukraine’s transfer pricing rules
The OECD is working with Ukraine's Ministry of Finance to align Ukraine's Transfer Pricing Framework with OECD Transfer Pricing Guidelines, as part of the implementation of Ukraine's National Revenue Strategy. Project description To ensure
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US: IRS issues guidance on APA submission review
The US Internal Revenue Service (IRS) Large Business and International (LB&I) division released memorandum LB&I-04-0425-0005 on 22 April 2025, which reissues interim guidance LB&I-04-0423-0006 on 25 April 2023. This
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Italy, US call for non-discriminatory digital services tax
The Trump Administration has released the United States–Italy Joint Leaders Statement on 18 April 2025, marking the conclusion of the first official meeting between US President Donald Trump and Italy’s Prime Minister Giorgia Meloni. The
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Algeria extends 2024 transfer pricing and individual income tax filing deadlines
Algeria's Directorate General of Taxes announced on 14 April 2025 that it had extended the deadline for the annual transfer pricing declaration, which must be submitted electronically, for the 2024 fiscal year. Taxpayers now have until 31 May
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UAE joins crypto-asset reporting framework for tax data exchange
The UAE's Cabinet of Ministers approved the country's participation in the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting Framework (CARF) on 14 April 2025. This agreement facilitates the automatic exchange of tax
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