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Introduction: In a significant development set to take effect from January 1st, 2024, the European Union (EU) is tightening the reins on Payment Service Providers (PSPs). Under the CESOP (Cross-Border […]

In a significant development for the world of taxation, Portugal has enacted Decree-Law No. 73/2023, transposing EU Directive 2021/201 on public country-by-country (CbC) reporting. This Decree-Law enters into force on […]

In a remarkable achievement, the Indian tax authority has reported a substantial increase in bilateral Advance Pricing Agreements (APAs) during the 2022-23 financial year. This significant development highlights India’s commitment to […]

In a significant move towards bolstering climate action and curbing carbon leakage, the European Commission announced on August 17, 2023, the comprehensive rules governing the implementation of the Carbon Border […]

In a significant move, the Finnish government is soliciting opinions on the draft Minimum Taxation Act, a pivotal step towards incorporating the EU Directive on global minimum tax into the […]

In a diplomatic maneuver that has grabbed the attention of tax professionals, investors, and businesses alike, the United Kingdom has formally requested Russia to rescind the suspension of the 1994 […]

In a significant attempt towards fostering comprehensive and effective international tax cooperation, the United Nations (UN) Secretary General has released an insightful preliminary report. This document, presented in response to […]

Introduction The enforcement of the EU Public Country-by-Country (CbC) Reporting Directive on December 21, 2021, announced a groundbreaking step towards increased transparency in the area of multinational taxation. This directive […]

In a significant move towards bolstering tax regulations, the Korean Ministry of Economy and Finance has unveiled an array of proposed amendments for the year 2023. These revisions encompass the […]

Introduction The imminent introduction of the global minimum tax is poised to usher in substantial fiscal changes for Switzerland’s cantons. A recent report by the Swiss Federal Department of Finance […]

Introduction The Dutch tax landscape has recently witnessed a significant development with the release of an unofficial English translation of the Transfer Pricing Decree 2022, which took effect in July […]

Introduction In a move that holds significance for the international tax landscape, Canada has taken the initiative to implement the global minimum corporate tax rate, commonly known as the GloBE […]

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