Netherlands submits draft bill for DAC8 implementation to parliament
The initial reporting of information is required by 31 January 2027, concerning the year 2026. The Netherlands Ministry of Finance notified the House of Representatives on 7 July 2025, regarding the submission of a draft bill to implement Council
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Denmark and Italy sign OECD agreement on automatic exchange of digital platform income data
Denmark and Italy have joined the OECD’s DPI-MCAA to automatically exchange tax data on income earned through digital platforms, supporting improved compliance in the digital economy. Denmark and Italy have signed the Multilateral Competent
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Lithuania implements DAC8 and APA rollback in tax law amendments
Lithuania has amended its tax law to implement DAC8, APA rollback, and update reporting, VAT, GDPR, and penalty rules, which take effect on 1 January 2026. Lithuania adopted amendments to the Law on Tax Administration on 30 June 2025, which
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Italy signs DPI MCAA for automatic exchange of digital platform income dataÂ
A total of 31 jurisdictions have signed the DPI MCAA as of 3 July 2025. Italy has signed the Multilateral Competent Authority Agreement on Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI MCAA) under the OECD
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EU adopts regulation to facilitate automatic exchange of tax information under DAC9
With this implementing regulation, the EU aims to provide technical solutions to facilitate the automatic exchange of information between Member States under DAC9. The European Commission (EC) announced on 7 July 2025 that it has adopted a
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Ukraine mandates 2024 CbC reports from MNEs headquartered in US, Canada, Israel
The automatic exchange of reports with these countries have not yet fully worked as of the end of 2024. The State Tax Service of Ukraine announced that constituent entities in Ukraine belonging to multinational enterprise (MNE) groups
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Australia: ATO consults public CbC reporting exemptions
Comments on this draft PS LA are due by 5 September 2025. The Australian Taxation Office (ATO) has initiated a public consultation on the Draft Practice Statement Law Administration (PS LA 2025 /D1) on 3 July 2025. This draft sets out the
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US, Dominican Republic CbC reporting agreement now in force
The US–Dominican Republic competent authority arrangement for automatic exchange of Country-by-Country reports became operative on 5 May 2025, with exchanges to begin by 5 August 2025. The competent authority arrangement between the US and the
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Japan issues FAQs on foreign SSA application amid non-adoption
Japan’s NTA clarifies tax treatment for foreign SSA adoption, reaffirming the use of existing transfer pricing rules. Japan’s National Tax Agency (NTA) issued FAQs addressing the Simplified and Streamlined Approach (SSA) on 30 June 2025, also
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Germany publishes revised DAC8 draft bill for crypto reporting
The updated draft of the DAC8 bill introduces new cryptocurrency reporting regulations in Germany, with the consultation period open until July 14. Germany's Ministry of Finance has released a revised draft bill for consultation to implement
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Norway proposes phased B2B e-invoicing and digital bookkeeping mandate
The deadline for sending feedback is 31 October 2025. Norway's Ministry of Finance has initiated a public consultation on 1 July 2025, regarding the proposed mandatory digital bookkeeping and B2B e-invoicing for all domestic and foreign entities
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Italy gazettes law authorising government to implement DAC8
The law establishes the European Delegation Law 2024, allowing the government to directly implement EU Directives through Legislative Decrees without further parliamentary approval. Italy has published Law No. 91 of 13 June 2025 (the European
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Finland: MoF consults on DAC8 reporting rules
Comments from interested parties are due by 10 August 2025. Finland’s Ministry of Finance is conducting a public consultation on implementing the Amending Directive (2021/514) to the 2011 Directive on Administrative Cooperation (DAC8) into
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Kenya enacts Finance Act 2025, reduces corporate tax rates
The Finance Act 2025 allows NIFCA-certified companies to benefit from reduced corporate tax rates, tax exemptions on dividends with reinvestment conditions. Kenya’s President William Ruto signed the Finance Act 2025 into law on 26 June
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Slovak Republic: President signs DAC8, excise duty, and tax rate amendments
The President signs DAC8 bill, streamlines excise registration, standardises CNG/LNG tax, adjusts product tax rates, and cuts VAT on select goods. The Slovak Republic’s President has signed a bill amending the Act on Automatic Exchange of
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OECD releases new BEPS Action 14 MAP peer review results as of June 2025
The OECD's 36 new peer review results under BEPS Action 14, released on 26 June 2025, showcase progress in enhancing treaty-related dispute resolution through the MAP by Inclusive Framework members. The OECD released 36 new peer review results
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UK: Treasury expands scope of Common Reporting Standard (CRS)
The new rules expand the scope of the CRS to include electronic money institutions and certain e-money products, exclude most charities, and require the reporting of additional information to improve data usability.. The UK Treasury enacted The
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OECD publishes dispute resolution peer reviews for 36 jurisdictions
The OECD's peer review reports evaluate the progress of 36 jurisdictions in implementing the BEPS Action 14 minimum standard for resolving tax treaty disputes via the Mutual Agreement Procedure (MAP). The OECD published peer review reports
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