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Introduction    On October 17, 2023, the Hungarian Ministry of Finance made a significant move by launching a public consultation on a draft bill aimed at incorporating the OECD’s Pillar […]

Introduction    The 16th plenary meeting of the Organisation for Economic Co-operation and Development (OECD)’s Forum on Tax Administration (FTA), held in Singapore from October 11 to 13, 2023, marked […]

Introduction    On October 4, 2023, Romania took a significant step in tax reform by initiating a public consultation on a draft bill to adopt the OECD’s Pillar Two Model […]

In the ever-evolving landscape of global tax regulations, the United Kingdom is aiming to be at the forefront with its recent draft amendments to the Pillar Two legislation. These changes, […]

In a significant step towards modernizing international tax policy, the OECD/G20 Inclusive Framework has unveiled a pioneering multilateral convention that promises to revolutionize the global tax landscape. This monumental development, […]

The African Tax Administration Forum (ATAF) has taken a significant step in addressing tax challenges by releasing a comprehensive document titled “Suggested Approaches to Drafting Domestic Minimum Top-Up Tax Legislation.” […]

In the world of taxation, the image of tax administrations as sluggish, bureaucratic giants resistant to change is a common one. Often, they are compared to ocean liners, requiring ample […]

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 […]

In a pivotal development for tax professionals, investors, and businesses in Poland, the Minister of Finance has implemented amendments to the decrees governing transfer pricing reporting related to corporate income […]

In a groundbreaking release on September 8, 2023, The Platform for Collaboration on Tax (PCT), a collaborative initiative comprised of the International Monetary Fund (IMF), the Organisation for Economic Co-operation […]

Introduction  In recent years, the European Union (EU) has been at the forefront of global efforts to reform corporate taxation. The European Commission, proposed a comprehensive set of tax reforms […]

Transfer Pricing Policy based on Sustainability Norms The evolving environmental and ESG (Environmental, Social, and Governance) landscape has reshaped global corporate dynamics. Companies are now considering sustainability not only from […]

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