On 14 February 2022, the Turkish Revenue Administration has issued Presidential Decision No. 5191 in the Official Gazette, through which Turkey ratifies the competent authority arrangement (CAA) on the exchange of country-by-country (CbC) with US. US and Turkey signed CAA regarding CbC exchange arrangement on 24 November 2021.
Denmark amends the transfer pricing documentation rules
Tax Treaty News: February 2022
Related Posts
Turkey ratifies GIR MCAA to enable automatic GloBE information exchange
Turkey’s Revenue Administration has announced the publication of Presidential Decision No. 11396 on 6 June 2026, approving the ratification of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA). The GIR
Read MoreTurkey enacts law introducing sweeping corporate tax reforms, incentives
Turkey enacted Law No. 7582 on 4 June 2026, introducing a broad package of tax reforms, including a differentiated corporate tax system and expanded incentives for exports, production, and qualified service activities. The legislation also
Read MoreUS: Treasury, IRS announce intent to issue proposed regulations for excise tax on excess tax-exempt organisation executive compensation under the One, Big, Beautiful Bill
The Department of the Treasury and the Internal Revenue Service (IRS) announced on 5 June 2026 that it issued Notice 2026-36, announcing its intent to issue proposed regulations addressing the tax on excessive compensation and excess parachute
Read MoreUS consults scope, operation of mechanism to promote balanced and reciprocal trade with China
The Office of the United States Trade Representative (USTR) announced a public consultation on 2 June 2026 regarding the development of a new government-to-government mechanism—a US-China Board of Trade—intended to manage bilateral trade between
Read MoreUS: USTR proposes action following forced labour investigation
The United States Trade Representative (USTR) released its findings and proposed measures on 2 June 2026 following the Section 301 investigations launched in March 2026 into 60 countries and economies to assess whether foreign governments have taken
Read MoreUS: New York approves FY 2026-27 budget, introduces tip income tax exemption
New York Governor Kathy Hochul signed the New York State Fiscal Year 2027 Budget on 28 May 2026. This legislative package is designed to address the rising cost of living while funding critical public safety and infrastructure initiatives. While
Read More