Our collection of news is focused on international tax and transfer pricing.
Effective Date: 3 February 2025 Type: Legislation From 3 February 2025, major taxpayers in Pakistan must integrate their accounting, invoicing, and point-of-sale systems with the Federal Board of Revenue (FBR) […]
On October 9, 2024, Brazil’s Administrative Council of Tax Appeals (CARF) issued a landmark ruling in Acórdão 2202-010.938, reinforcing the Federal Revenue Service’s (Receita Federal) transfer pricing methodology. The case, […]
In a recent decision, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, ruled on the Principal Purpose Test (PPT) under the India-Luxembourg Double Taxation Avoidance Agreement (DTAA), as amended by […]
Hong Kong has officially announced its plans to implement a 15% global minimum tax for multinational enterprise (MNE) groups effective from 1 January 2025, marking a significant step in aligning […]
The OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS) has released a set of updates to support the coordinated implementation of the global minimum tax under Pillar Two. […]
Spain has introduced Law 7/2024, implementing global minimum tax rules under the OECD’s Pillar Two framework. This new law aligns Spain with the EU’s Council Directive 2022/2523 and reflects its […]
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