Ireland releases analysis on impact of potential tariffs on economy
Ireland's Department of Revenue has announced the release of an economic analysis examining the impact of tariffs on the country's economy on 21 March 2025. The analysis estimates the impact of tariffs on the Irish economy in the event of tariffs
See More
Austria updates transfer pricing guidelines, aligns with OECD standards
The Austrian Ministry of Finance published a decree (BMF decree of 11.03.2025, 2025-0.159.492, BMF-AV No. 33/2025) on 11 March 2025, updating the Austrian Transfer Pricing Guidelines 2021 (Austrian Guidelines). This update aligns the guidelines
See More
Germany updates group parent notification form for Pillar Two minimum tax groups
The German Ministry of Finance released a letter on 11 March 2025, introducing an updated official template and instructions for the group parent notification form. This form is required to be submitted by the parent entity of German minimum tax
See More
Italy releases 2024 corporate tax return forms
Italy’s tax authorities have released tax return forms for the fiscal year of 2024. The return forms are: Corporate tax (IRES) return form: Redditi 2025–SC and instructions, approved by Protocol No. 131067/2025 of 17 March 2025;
See More
Serbia joins Multilateral Competent Authority Agreement on Automatic Exchange of Country-by-Country Reports
Serbia joined the Multilateral Competent Authority Agreement on Automatic Exchange of Country-by-Country Reports (2016) (CbC MCAA) on 4 March 2025. The Country-by-Country Multilateral Competent Authority Agreement (CbC MCAA) is grounded in
See More
Poland excludes some EU non-cooperative jurisdictions from harmful tax competition list
Poland’s Minister of Finance issued a notice on 8 March 2025 identifying countries and territories listed on the EU's register of non-cooperative jurisdictions but not on Poland's list of nations engaging in harmful tax competition for individual
See MoreAustria: Budget Restructuring Measures Bill 2025 enters into force
Austria's Budget Restructuring Measures Bill 2025 (Budgetsanierungsmaßnahmengesetz 2025) entered into force following its publication in the Official Gazette on 18 March 2025. Earlier, the bill was passed by Austria’s Lower House of
See More
Peru, Spain to resume tax treaty talks in March 2025
Peru and Spain will resume income tax treaty negotiations from 26 to 28 March 2025 in the fifth round of negotiations for an income tax treaty. Earlier, the announcement was made by Luis Ibérico, Peru’s ambassador to Spain, during an event on
See MoreItaly: Council of Ministers approve tax reform adjustments, bans e-invoicing for healthcare professionals
Italy’s Council of Ministers have preliminarily approved a Legislative Decree with supplementary and corrective provisions to the recent tax reform on 13 March 2025. The provisions cover compliance, penalties, litigation, and the two-year
See More
France introduces reforms to UCITS legal framework
The French government has issued Ordinance No. 2025-230 on 12 March 2025, introducing reforms to the legal framework for UCITS (Organismes de placement collectif, OPC). The measure aims to modernise and simplify regulations governing these
See More
Netherlands announces 2024 Box 3 deemed return rates
The Netherlands published Regulation No. 2025-0000062971 in the Official Gazette on 14 March 2024, setting the deemed rates of return for Box 3 income for 2024. The Box 3 income comprises debts, savings, and investments. The rates for savings and
See More
Greece announces 2024 tax return deadlines
The Greek Public Revenue Authority (AADE) has announced the commencement of corporate and personal income tax return filing for the 2024 tax year. Corporate income tax returns: For businesses whose tax year ends on 31 December 2024:
See More
Argentina and Czech Republic end tax treaty talks
Argentina and the Czech Republic officials have concluded the income tax treaty on 14 March 2025. This follows after officials from both countries met from 11 to 14 March 2025 to negotiate their first-ever income tax treaty. This agreement
See More
European Commission: March infringement package targets Spain on royalty withholding tax and capital gains tax issues
The European Commission has released its March infringements package: key decisions on 12 March 2025. The European Commission decided to refer Spain to the Court of Justice of the European Union for having failed to remedy an infringement in
See More
Denmark launches consultation on extending tax liability on interest from controlled debt
The Ministry of Taxation in Denmark has opened a consultation on a proposed bill to amend the rules regarding limited tax liability on interest from controlled debt on 12 March 2025. The bill targets interest payments made by foreign entities
See More
Romania publishes guidance on VAT registration and RO e-invoice
Romania’s tax authority published a playbook on VAT registration and RO e-invoice requirements for public authorities on 7 March 2025. The playbook includes legal provisions regarding VAT registration of public institutions and RO e-invoice
See More
Malta issues updated guidelines for mutual agreement procedure
Malta's Commissioner for Revenue has issued the updated guidelines on  Mutual Agreement Procedure (MAP) Guidelines on 11 March 2025. These guidelines explain how the MAP functions, allowing Malta’s Competent Authority to collaborate with
See More
Finnish issues guidance on Pillar Two global minimum tax
Finland’s tax administration has released two guidance documents on the Minimum Tax Act, approved in late 2023 to implement the Pillar 2 global minimum tax under Council Directive (EU) 2022/2523. The first guidance was released on 10 March
See More