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Our collection of news is focused on international tax and transfer pricing.

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The June 21 ECOFIN meeting, the final one under the Belgian Presidency, highlighted significant advancements in EU tax reforms, including the FASTER initiative and the Unshell Directive. While notable progress was made, several proposals such
Canada has recently enacted comprehensive tax measures from the federal budgets of 2022, 2023, and 2024, along with the 2023 federal economic update. These measures, now part of Bill C-59 and Bill C-69, include significant
Environmental, Social, and Governance (ESG) issues are increasingly influencing transfer pricing strategies in taxation. Our article explores how multinational enterprises are adapting to evolving policies and the impact of ESG on corporate governance. Learn about
The Australian House of Representatives has passed the Treasury Laws Amendment Bill 2024, introducing crucial updates to tax laws. Key changes include clearer definitions for petroleum exploration and updated transfer pricing guidelines. This article explores
Belgium now requires multinational and domestic groups with entities under the OECD's Pillar Two rules to register with the Crossroads Bank for Enterprises (CBE). Affected groups must act quickly due to tight deadlines and comprehensive
The Organisation for Economic Cooperation and Development (OECD) recently announced major progress on the Inclusive Framework (IF) on Base Erosion and Profit Shifting (BEPS). Following the 16th meeting, negotiations on Pillar One are nearing completion,
Luxembourg has proposed significant tax reforms set to take effect in 2024. Key changes include simplifying the Minimum Net Wealth Tax (NWT) assessment, mandatory electronic filing for withholding tax returns, and new rules for share
The Kenyan government's Finance Bill 2024 introduces major tax reforms, including a 30% Significant Economic Presence (SEP) tax on non-resident digital marketplace income, replacing the Digital Service Tax (DST). The bill also revises withholding taxes,
The Inland Revenue Board of Malaysia (IRBM) has introduced the Income Tax (Transfer Pricing) Rules 2023, replacing the 2012 regulations. Effective from the year of assessment 2023 onwards, these rules emphasize the arm’s length principle
Explore Hungary's Pillar Two legislation and its impact on businesses. Learn how accessing transitional safe harbors can mitigate risks and optimize tax strategies in a shifting global landscape. Gain expert insights to navigate complexities and
Explore Belgium's recent amendments to Pillar Two global minimum tax rules and ensure compliance with the latest tax regulations. Our comprehensive guide unpacks key changes impacting tax strategies and offers insights to navigate the evolving
The release of the synthesized text of the Australia-Thailand Income Tax Treaty, modified by the Multilateral Instrument, signifies a significant step forward in modernizing bilateral tax agreements. It enhances clarity and transparency for cross-border transactions

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