Zambia Strengthens Commitment Against Tax Evasion by Joining Global Forum
Zambia has recently become the 39th African member and the 171st overall member of the Global Forum on Transparency and Exchange of Information for Tax Purposes. The Global Forum is […]
EU Adopts Directive DAC8 for Enhanced Tax Transparency on Crypto Assets
In a move to adapt to the evolving financial landscape, the European Union (EU) Member States have formally adopted Directive 2011/16/EU on administrative cooperation in the field of taxation, known […]
Egyptian Tax Authority Introduces Mandatory Transfer Pricing Reporting Requirements for Related Party Transactions
In a significant move to enhance tax transparency and compliance, the Egyptian Tax Authority (ETA) has recently introduced mandatory Transfer Pricing (TP) reporting obligations for related party transactions. This development […]
Portugal Approves Landmark Public Country-by-Country Reporting Legislation
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 […]
India Sets New Record for Bilateral Advance Pricing Agreements (APAs) in 2022-23
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 […]
Progress and Implications of EU Public Country-by-Country Reporting for Multinational Enterprises
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 […]
