Israel’s Tax Authority (ITA) issued Circular No. 01/2025 on 11 February 2025, clarifying amendments to the Income Tax Ordinance. The amendments pertain to transfer pricing and country-by-country (CbC) reporting requirements. The key highlights

Germany published the Third Ordinance amending the Tax Haven Defense Ordinance in the Official Gazette on 30 December 2024. The amendments reflect the EU Economic and Financial Affairs Council's 2024 decisions to remove Antigua and Barbuda, the

The German Ministry of Finance has released an updated overview of its tax treaties and agreements as of 1 January 2025. The document outlines ongoing negotiations, newly initiated agreements, and amendments to existing treaties. Germany is

Germany's Federal Constitutional Court rejected a constitutional complaint against Tübingen’s local packaging tax on 22 January 2025. Since 1 January 2022, Tübingen has imposed a tax on non-reusable packaging, dishware, and cutlery used for

Belarus Ministry of Taxes and Duties, in a notice, confirmed that it has suspended the 2005 tax treaty between Belarus and Germany, effective from 1 January 2025. This follows after Germany’s Federal Government notified Belarus, on 30 December

Israel’s Knesset has passed the Trapped Profits Law (tax on excess undistributed profits) on 29 December 2024. The law imposes a 2% tax on excess undistributed profits of closely held holding companies (entities with five or fewer