KPMG's global editions of TaxNewsFlash are maintained and distributed by KPMG in the United States. When you click the hyperlinks below, you will be directed away from this page owned by KPMG International and redirected to a page owned by KPMG in the United States.
Recent Articles
August 2024
23 Aug - Australia: Proposed amendments to legislation implementing Pillar Two global minimum tax rules
21 Aug - KPMG report: Potential effects on businesses of new UN tax treaty
19 Aug - Channel Islands: Pillar Two draft legislation published (Jersey)
12 Aug - OECD: Transfer pricing framework for lithium
8 Aug - Austria: Amendments to Pillar Two draft legislation and loss carryforward rules published
8 Aug - Turkey: Draft legislation implementing Pillar Two submitted to Parliament
6 Aug - Korea: Further proposed amendments to Pillar Two rules
5 Aug - Australia: Senate committee report on public country-by-country reporting bill
2 Aug - EU: Public consultation on template and formats for public country-by-country (CbC) reports
July 2024
31 Jul - Australia: Updated thin capitalisation web guidance
31 Jul - Belgium: Mandatory disclosure rules (DAC6) compatible with EU law (CJEU judgment)
25 Jul - UN: Revised draft terms of reference for UN framework convention on international tax cooperation
22 Jul - KPMG report: Employee data reporting under Pillar Two
16 Jul - Italy: Decree on Pillar Two global minimum tax
16 Jul - OECD: Negotiations on Pillar One multilateral convention continue
12 Jul - OECD: Consultation on GloBE information return filing standard
8 Jul - Canada: Digital services tax now in effect
3 Jul - Gibraltar: Additional tax proposals in 2024 budget, including update to Pillar Two rules
1 Jul - Australia: ATO update on implementation of Pillar Two global minimum tax rules
June 2024
28 Jun - Finland: Public country-by-country reporting implemented
28 Jun - Germany: Final guidance on defensive measures against non-cooperative jurisdictions
28 Jun - Italy : Draft legislation implementing public country-by-country reporting
28 Jun - Malta: Public country-by-country reporting implemented
28 Jun - Norway: Consultation on implementation of Pillar Two UTPR
28 Jun - OECD: Algeria signs MLI
25 Jun - KPMG report: Accounting for income tax implications of Pillar Two GloBE top-up taxes
24 Jun - EU: ECOFIN report addressing FASTER, “Unshell,” transfer pricing, and BEFIT directives
20 Jun - EU: EC concludes Germany’s special tax rules for public casino operators are illegal State aid
20 Jun - KPMG report: Further guidance on Pillar Two GloBE model rules
20 Jun - KPMG report: New Amount B guidance expands on definitions
20 Jun - Luxembourg: Draft law amending Pillar Two law introduced to Parliament
18 Jun - KPMG report: OECD unveils further details on Amount B simplified approach
17 Jun - OECD: Further guidance on Pillar One Amount B and Pillar Two global minimum tax
6 Jun - Australia: Public country-by-country reporting legislation introduced
5 Jun - EU: Formal notices sent to member states for failure to exchange information required under DAC7
5 Jun - Germany: Consultation on draft tax return for Pillar Two purposes
5 Jun - OECD: Updated International Compliance Assurance Programme (ICAP) FAQs
4 Jun - Italy: Implementation of Pillar Two transitional safe harbors
May 2024
30 May - Japan: Explanation of guidance on income inclusion rule, associated forms and schedules
29 May - Belgium: Due date for first GloBE registration is July 13, 2024
28 May - Germany: Law implementing MLI passed by lower house of Parliament, other tax developments
24 May - Crown Dependencies: Details on plans to implement Pillar Two global minimum tax
23 May - Spain: Consultation on draft legislation implementing Pillar Two global minimum tax
23 May - UK: HMRC guidance on registration under Pillar Two global minimum tax regime
22 May - Belgium: GloBE registration requirements for multinational and large domestic groups
22 May - Switzerland: Cantonal tax law changes in response to Pillar Two global minimum tax
21 May - Denmark: Proposed amendments to Pillar Two legislation submitted to Parliament
21 May - Italy: Regulations implementing 15% substitute tax to controlled foreign company taxation
21 May - Poland: Consultation on Pillar Two global minimum tax rules extended
16 May - Kenya: Tax proposals in Finance Bill, 2024 include implementation of Pillar Two global minimum tax
3 May - Belgium: Amendments to Pillar Two global minimum tax rules
2 May - KPMG report: Employee data reporting for public country-by-country reporting
2 May - Norway: Pillar Two global minimum tax implemented in Supplementary Tax Act
April 2024
30 Apr - Slovakia: Guidelines on transfer pricing documentation for 2023
30 Apr - OECD: Consolidated commentary on Pillar Two rules, updated Pillar Two examples
29 Apr - Poland: Draft bill implementing Pillar Two global minimum tax published
26 Apr - Estonia: Legislation implementing Pillar Two global minimum tax rules approved by Parliament
26 Apr - France: New rules to avoid double-taxation from sale of CFC
26 Apr - Greece: Legislation implementing Pillar Two global minimum tax rules enacted
26 Apr - Iceland: Intention announced to implement Pillar Two global minimum tax rules
25 Apr - Germany: Draft bill for Annual Tax Act 2024 includes Pillar Two changes, other tax developments
23 Apr - Poland: Public country-by-country reporting implemented
22 Apr - Austria: Draft law implementing public country-by-country reporting
19 Apr - Australia: KPMG comments on draft legislation implementing Pillar Two global minimum tax rules
19 Apr - Australia: Discussion paper on thin capitalization rules for foreign bank branches
11 Apr - Korea: Guidance regarding amendments to Pillar Two rules
10 Apr - Cyprus: FAQs on adoption of new transfer pricing legislation
9 Apr - Australia: Legislation on interest limitation rules receives Royal Assent
8 Apr - Luxembourg: Referral to CJEU for failing to correctly transpose ATAD interest limitation rules
8 Apr - Belgium: Draft amendments to Pillar Two minimum tax rules
8 Apr - Liechtenstein: Guidance on Pillar Two minimum tax rules
8 Apr - Sweden: Draft amendments to Pillar Two minimum tax rules
8 Apr - UAE: Consultation on Pillar Two minimum tax rules
4 Apr - Australia: Law requiring public disclosure of tax residency passes Parliament
3 Apr - Poland: New bill implementing reporting obligations for digital platform operators (DAC7)
2 Apr - KPMG report: Recent DCL and Pillar Two guidance, comments and recommendations
March 2024
29 Mar - Netherlands: Public country-by-country reporting implemented
25 Mar - Ireland: Tax changes for the asset management and funds industry, including Pillar Two rules
22 Mar - Australia: Consultation on draft legislation implementing Pillar Two global minimum tax rules
21 Mar - Finland: Legislation implementing Pillar Two global minimum tax
19 Mar - KPMG report: Amount B compliance challenges
19 Mar - KPMG report: Implications of ICAP statistics
15 Mar - Estonia: Draft bill implementing public country by country reporting submitted to Parliament
15 Mar - EU: Taxpayer appeals General’s Court dismissal of challenge to EU minimum tax directive
15 Mar - Germany: Updated guidance on permanent establishments
15 Mar - Latvia: Updated domestic list of low-tax or tax-free jurisdictions
15 Mar - UK: Finance Act 2024 includes amendments to Pillar Two minimum tax rules
14 Mar - Cyprus: Draft legislation implementing Pillar Two global minimum tax rules
14 Mar - Jamaica: Tax measures in 2024-2025 budget include Pillar Two global minimum tax rules
14 Mar - Malta: Guidance on implementation of Pillar Two global minimum tax
12 Mar - United States: Updated digital services tax agreement with Turkey
6 Mar - KPMG report: Comments on revised draft legislation implementing public country-by-country reporting
5 Mar - Poland: Bill implementing Pillar Two global minimum tax
5 Mar - Spain: Digital platform operators must file returns under DAC7 by 8 April 2024
4 Mar - Belgium: Mandatory disclosure rules (DAC6) compatible with EU law (CJEU Advocate General opinion)
February 2024
28 Feb - Greece: Proposed legislation implementing Pillar Two global minimum tax
28 Feb - Malta: Legislation implementing Pillar Two global minimum tax
28 Feb - South Africa: Draft legislation implementing Pillar Two global minimum tax
23 Feb - Slovakia: Legislation implementing Pillar Two global minimum tax passed by Parliament
21 Feb - KPMG report: Overview and initial observations on Pillar One – Amount B
21 Feb - EU: Updates to list of non-cooperative jurisdictions
20 Feb - Singapore: Tax measures in budget 2024 include Pillar Two global minimum tax rules
19 Feb - OECD: Report on Amount B under Pillar One
13 Feb - Greece: Guidance on new reporting obligations for digital platform operators (DAC7)
9 Feb - Belgium: Public country-by-country reporting implemented
9 Feb - EU: Certain member states extend DAC7 reporting deadlines
9 Feb - EU: Formal notices to nine member states on failure to transpose minimum tax directive
9 Feb - Spain: Draft legislation implementing Pillar Two global minimum tax
9 Feb - Netherlands: FAQs on reporting obligations of digital platform operators (DAC7)
7 Feb - Netherlands: EC approval of COVID-19 related State aid annulled (CJEU General Court judgment)
6 Feb - Australia: Senate Committee report on interest limitation / thin capitalisation rules bill
January 2024
30 Jan - Germany: Final guidance on CFC rules, other tax developments
30 Jan - Latvia: Draft legislation implementing Pillar Two global minimum tax
30 Jan - EU: Public country-by-country reporting implementation summary
29 Jan - Australia: Guide on hybrid mismatch rules; new case studies on offshore tax evasion
29 Jan - OECD: Aggregated ICAP statistics
19 Jan - Denmark: Proposed updates to list of jurisdictions subject to defensive tax measures
19 Jan - EU: Challenge to EU global minimum tax directive dismissed (EU General Court judgment)
19 Jan - Germany: Interest deduction limitation rules aligned with ATAD
19 Jan - Italy: Procedure for obtaining hybrid mismatch penalty protection
18 Jan - Italy: Pillar Two global minimum tax rules implemented
17 Jan - EU: Pillar Two global minimum tax implementation summary
16 Jan - Belgium: Lower house of Parliament adopts draft law implementing public country-by-country reporting
16 Jan - Romania: Law implementing Pillar Two global minimum tax
16 Jan - UK: Updates on Pillar Two, including draft HMRC guidance on proposed rules
10 Jan - Korea: Amendments to Pillar Two rules enacted
5 Jan - India: Guidelines for withholding tax on e-commerce transactions
2 Jan - Hong Kong: Consultation paper on implementation of Pillar Two global minimum tax
2 Jan - KPMG report: Pillar Two rules and the asset management industry
2023 Articles
December 2023
29 Dec - Zimbabwe: Legislation implementing Pillar Two global minimum tax enacted
22 Dec - EU: EC publishes FAQs on interpretation and transposition of EU global minimum tax
22 Dec - Switzerland: Law implementing Pillar Two minimum tax rule enacted
20 Dec - KPMG report: New administrative guidance on Pillar Two rules, initial observations and analysis
20 Dec - EU: Pillar Two global minimum tax implementation summary
20 Dec - Luxembourg: Law implementing Pillar Two global minimum tax enacted
20 Dec - Netherlands: 2024 Tax Plan package and law implementing Pillar Two global minimum tax enacted
19 Dec - Ireland: Legislation implementing Pillar Two signed into law
19 Dec - Hong Kong: Update on implementation of Pillar Two global minimum tax
15 Dec - Belgium: Pillar Two global minimum tax rules adopted by Parliament
15 Dec - KPMG report: Transfer pricing implications of Pillar Two minimum tax rules
14 Dec - Moldova: Public country-by-country reporting implemented
13 Dec - OECD: Exchange of information on tax rulings under BEPS Action 5
12 Dec - Belgium: Draft law proposes new stricter CFC rules
8 Dec - Croatia: Consultation on draft legislation implementing Pillar Two global minimum tax
8 Dec - EU: ECOFIN report addressing “Unshell” and FASTER directives
8 Dec - Hungary: Legislation implementing Pillar Two global minimum tax enacted
8 Dec - Moldova: Draft law implementing country-by-country reporting
8 Dec - Thailand: Required reporting by digital platform operators
8 Dec - UK: Finance Bill 2024, including amendments to Pillar Two minimum tax rules
7 Dec - Italy: Guidance on new reporting obligations for digital platform operators (DAC7)
6 Dec - Luxembourg: Amended draft law implementing Pillar Two global minimum tax
5 Dec - KPMG report: OECD official provides update on expected transfer pricing guidance
November 2023
29 Nov - Australia: Amendments to new interest limitation / thin capitalisation rules tabled in Senate
29 Nov - Vietnam: Resolution adopting Pillar Two global minimum tax
27 Nov - UK: Update on consultation on proposed changes to transfer pricing and permanent establishment rules
24 Nov - Austria: Updated draft legislation implementing Pillar Two global minimum tax
24 Nov - Norway: Amended draft legislation implementing Pillar Two global minimum tax
24 Nov - Slovenia: Updated draft legislation implementing Pillar Two global minimum tax
21 Nov - KPMG report: Pillar Two implications for “U.S. sandwich structures”
16 Nov - Bermuda: Third public consultation related to proposed corporate income tax
14 Nov - Germany: Law implementing Pillar Two global minimum tax passed by lower house of Parliament
14 Nov - OECD: Mutual agreement procedure (MAP) statistics for 2022
13 Nov - Barbados: Proposed rules to implement Pillar Two global minimum tax
10 Nov - Liechtenstein: Law implementing Pillar Two global minimum tax adopted by Parliament
9 Nov - Belgium: Referral to CJEU for failing to correctly transpose ATAD CFC rules
9 Nov - Cyprus: Consent to Pillar Two global minimum tax rules
9 Nov - Estonia: Legislative proposal implementing Pillar Two global minimum tax rules
9 Nov - Greece: Public consultation on implementation of public country-by-country reporting
8 Nov - Malaysia: Finance Bill (No. 2) 2023 includes proposed Pillar Two rules
6 Nov - Sweden: Updated draft legislation implementing Pillar Two global minimum tax
October 2023
31 Oct - UAE: Transfer pricing guide issued
27 Oct - Lithuania: Draft legislation implementing Pillar Two global minimum tax
27 Oct - KPMG report: U.S. transfer pricing and international tax year-end considerations
25 Oct - Australia: Extended due date for filing country-by-country (CbC) reports, Master and Local files
24 Oct - Belgium: FAQ on new obligations of digital platform operators (DAC7)
23 Oct - Hungary: Proposed legislation implementing Pillar Two global minimum tax
23 Oct - Romania: Proposed legislation implementing Pillar Two global minimum tax
20 Oct - Ireland: Tax proposals in Finance bill 2023 include implementation of Pillar Two global minimum tax
17 Oct - Belgium: Public country-by-country reporting draft law approved
17 Oct - EU: Updates to list of non-cooperative jurisdictions
6 Oct - Bermuda: Second public consultation related to proposed corporate income tax
6 Oct - Cyprus: Public consultation on draft legislation implementing Pillar Two global minimum tax
5 Oct - Bulgaria: Public consultation on draft legislation implementing Pillar Two global minimum tax
5 Oct - France: Draft legislation implementing Pillar Two global minimum tax
5 Oct - Latvia: Public country-by-country reporting legislation approved
5 Oct - Austria: Updated DAC6 guidance
5 Oct - Austria: Draft legislation implementing Pillar Two global minimum tax
4 Oct - Denmark: Updated draft legislation implementing Pillar Two global minimum tax
3 Oct - OECD: Multilateral convention to facilitate implementation of Pillar Two subject to tax rule
3 Oct - Japan: Guidance on income inclusion rule
2 Oct - Costa Rica: Legislative Assembly overrides veto of bill on taxation of passive income
September 2023
29 Sep - UK: Updated Finance Bill 2023 draft legislation, including Pillar Two global minimum tax rules
29 Sep - Slovakia: Draft legislation implementing Pillar Two global minimum tax
28 Sep - OECD: MLI signed (Eswatini); instrument of ratification of MLI deposited (Armenia and Côte d'Ivoire)
20 Sep - OECD: Comments on public consultation document on Amount B under Pillar One
18 Sep - Ireland: Amendments to patent box regime in response to Pillar Two implementation
18 Sep - Italy: Draft law implementing Pillar Two global minimum tax
18 Sep - Sweden: Draft law implementing Pillar Two global minimum tax
15 Sep - Netherlands: Memorandum to parliament in response to report regarding bill implementing Pillar Two
14 Sep - Greece: New reporting obligations for digital platform operators (DAC7)
August 2023
31 Aug - New Zealand: Bill to implement digital services tax
30 Aug - Portugal: Public country-by-country reporting legislation approved
29 Aug - Finland: Public consultation on implementation of Pillar Two global minimum tax rules
29 Aug - Netherlands: Draft legislation implementing public country-by-country reporting
29 Aug - United Kingdom: Policy paper on reporting obligations for digital platform operators (DAC7)
25 Aug - KPMG report: Potential U.S. tax implications of proposed Bermuda corporate income tax
23 Aug - Canada: Details of draft revised DST rules
23 Aug - Tunisia: Instrument of ratification of MLI deposited with OECD
21 Aug - Korea: Proposed amendments to transfer pricing and Pillar Two rules
15 Aug - Australia: Targeted consultation on implementation of Pillar Two global minimum tax rules
14 Aug - Canada: Draft legislation includes Pillar Two rules and revised DST and EIFEL rules
10 Aug - Korea: Tax reform proposal for 2023, changes to Pillar Two and transfer pricing documentation rules
10 Aug - Luxembourg: Draft law implementing Pillar Two global minimum tax
9 Aug - Bermuda: Implementation of corporate income tax within scope of Pillar Two global minimum tax rules
4 Aug - Croatia: Implementation of public country-by-country reporting
4 Aug - EU: Formal notice to 14 member states of failure to implement public country-by-country reporting
4 Aug - EU: Reasoned opinion to six member states on failure to fully transpose DAC7
4 Aug - Hungary: Formal notice of failure to align corporate income tax rules with ATAD
4 Aug - Ireland: Feedback statement on implementation of Pillar Two global minimum tax
3 Aug - KPMG report: Amount B and tax certainty
July 2023
31 Jul - EU: Public country-by-country reporting implementation summary
25 Jul - KPMG report: New guidance on Pillar Two rules, initial observations and analysis
25 Jul - KPMG report: Public consultation on Amount B under Pillar One, initial observations
25 Jul - KPMG report: OECD’s effort to simplify transfer pricing
17 Jul - OECD: Report on BEPS 2.0, including new guidance on Pillar Two rules
13 Jul - Thailand: Guidance for taxpayers within scope of Pillar Two global minimum tax rules
12 Jul - OECD: Outcome statement on BEPS 2.0
12 Jul - EU: European Commission progress report on Pillar One
12 Jul - Germany: Draft bill implementing Pillar Two global minimum tax
12 Jul - Latvia: Updated list of non-cooperative jurisdictions
12 Jul - Liechtenstein: Consultation on implementation of public country-by-country reporting
12 Jul - Malta: Guidance on DAC7
12 Jul - Netherlands: Proposed amendments to tax ruling policy
7 Jul - Luxembourg: Updated FAQ on mandatory disclosure rules (DAC6)
5 Jul - Australia: Legislation proposing changes to interest limitation rules introduced in Parliament
June 2023
29 Jun - Romania: Amendments to public country-by-country reporting rules
28 Jun - France: Implementation of public country-by-country reporting
28 Jun - Lithuania: Country-by-country reporting directive transposed into domestic law
28 Jun - Luxembourg: Guidance on reverse hybrid rules
28 Jun - OECD: Updated guidelines for multinational enterprises, final cryptoasset reporting framework rules
28 Jun - EU: European Commission guidance on foreign subsidies regulation
27 Jun - Denmark: Public consultation on draft bill to implement Pillar Two global minimum tax
27 Jun - OECD: Tax transparency in Latin America 2023
26 Jun - UK: Draft guidance on Pillar Two global minimum tax rules published, comments requested
26 Jun - UK: Spring Finance Bill 2023, including Pillar Two global minimum tax rules, substantively enacted
22 Jun - Germany: Legislation to implement country-by-country reporting directive
21 Jun - United States: JCT analysis of possible effects of Pillar Two global minimum tax adoption
21 Jun - OECD: Continued progress on harmful tax practices
21 Jun - Switzerland: Implementation of Pillar Two minimum tax approved by public vote
16 Jun - Norway: Draft legislation implementing Pillar Two minimum tax
14 Jun - Denmark: Public country-by-country reporting legislation passed
12 Jun - Hong Kong: Update on profits tax, BEPS 2.0, and e-filing
8 Jun - Liechtenstein: Consultation draft for implementation of Pillar Two global minimum tax
6 Jun - Germany: Interim findings and outcomes from mandatory disclosure rules (DAC6) reporting
6 Jun - Luxembourg: Draft law implementing DAC7
6 Jun - Switzerland: Consultation on draft law implementing Pillar Two global minimum tax
5 Jun - Netherlands: Bill implementing Pillar Two presented to Lower House of Parliament
May 2023
30 May - UK: Update on mandatory disclosure rules (DAC6), now effective
24 May - EU: Update on DAC7 implementation (May 2023)
22 May - New Zealand: May 2023 Tax Bill includes Pillar Two global minimum tax rules
19 May - EU: Action seeking annulment of EU minimum tax directive (EU General Court)
9 May - Netherlands: New guidance on mandatory disclosure rules (DAC6)
8 May - KPMG report: Progress on improving mutual agreement procedure
4 May - Luxembourg: European Commission erred in finding grant of State aid (CJEU Advocate General opinion)
4 May - Malta: Updated FAQs with further clarifications on DAC6 notice requirements for intermediaries
April 2023
28 Apr - Japan: 2023 tax reform includes income inclusion rule, CFC regime
20 Apr - EU: European Commission adopts DAC7 for exchange of information with non-EU countries
20 Apr - Italy: Draft legislation for implementation of DAC7
20 Apr - Kenya: Intention to adopt Pillar Two global minimum tax announced
20 Apr - Uganda: 2023 tax bill includes proposed digital service tax
20 Apr - United Nations: Revised subject-to-tax-rule proposal approved at tax committee meeting
6 Apr - Bahamas: Economic substance legislation and guidance notes introduced
5 Apr - Ireland: Draft legislation on implementation of Pillar Two global minimum tax
5 Apr - Estonia: Guidance on tax defensive measures relating to non-cooperative jurisdictions
5 Apr - Canada: Preparing for excessive interest and financing expenses limitation (EIFEL) legislation
5 Apr - Nigeria: Statement regarding possible implementation of Pillar Two global minimum tax rules
4 Apr - EU: Updated State aid guiding templates
3 Apr - UK: Implementation of Pillar Two global minimum tax under Spring Finance Bill 2023
March 2023
29 Mar - Vietnam: MAAC signed, intention to implement Pillar Two global minimum tax
23 Mar - Germany: Public consultation on implementation of Pillar Two global minimum tax
23 Mar - Sweden: Proposed additions to interim report on implementation of EU global minimum tax directive
23 Mar - Malta: Clarifications on DAC6 notification requirements for intermediaries
22 Mar - Spain: Public consultation on Pillar Two global minimum tax
20 Mar - Australia: Changes to interest limitation rules
16 Mar - OECD: Public consultation meeting on implementation under Pillar Two
15 Mar - EU: Temporary State aid rules adopted to support green transition
14 Mar - Thailand: Measures to support implementation of Pillar Two global minimum tax rules
10 Mar - Cyprus: Frequently asked questions on transfer pricing documentation rules
10 Mar - Luxembourg: Draft legislation for implementation of public country-by-country reporting
6 Mar - Hong Kong: Instrument of ratification of MLI deposited with OECD
February 2023
20 Feb - UK: Guidance under new mandatory disclosure rules
16 Feb - OECD: Comments on public consultation documents on implementation under Pillar Two
8 Feb - EU: Notice by EC to 14 member states of noncompliance with transposition of DAC7
8 Feb - Sweden: Interim report on implementation of EU global minimum tax directive
7 Feb - Romania: New reporting obligations for digital platform operators (DAC7)
3 Feb - KPMG report: Comments on public consultation documents on implementation under Pillar Two
2 Feb - KPMG report: U.S. accounting questions related to new GloBE rules
2 Feb - OECD: Administrative guidance for implementation of Pillar Two global minimum tax rules
January 2023
30 Jan - EU: European Commission public consultation on DAC7 implementing regulation
30 Jan - OECD: Comments on public consultation document on Amount B under Pillar One
30 Jan - Spain: Public consultation on changes to criteria for non-cooperative jurisdictions
25 Jan - KPMG report: Comments on public consultation document on Amount B under Pillar One
24 Jan - OECD: Comments on public consultation document on withdrawal of DSTs under Pillar One
20 Jan - KPMG report: Comments on public consultation document on withdrawal of DSTs under Pillar One
20 Jan - KPMG report: Where next for Amount B?
18 Jan - OECD: Revenue gains from BEPS 2.0 predicted to be higher than previously expected
17 Jan - Czech Republic: Guidance provided in Q&As on new reporting obligation under DAC7
13 Jan - OECD: Manal Corwin appointed new Director of its Centre for Tax Policy and Administration
11 Jan - EU: Update on DAC7 implementation
10 Jan - Bulgaria: Changes in VAT law, including reporting of data regarding cross-border payments
2022 Articles
December 2022
22 Dec - Latvia: New reporting obligations for digital platform operators (DAC7)
22 Dec - Spain: Guidance on online “intermediation” subject to digital services tax
21 Dec - KPMG report: Pillar Two implementation package, initial observations and analysis
19 Dec - Colombia: Tax reform measures include 15% minimum tax, surcharges, digital services tax
16 Dec - Belgium: New obligations of digital platform operators (DAC7)
16 Dec - Luxembourg: 2023 budget law passed by Parliament includes reverse hybrid rule changes
16 Dec - Switzerland: Parliament approves constitutional amendment to implement Pillar Two global minimum tax
16 Dec - EU: Council adopts EU minimum tax directive
15 Dec - Mexico: Limitation on deductibility of net interest held valid (court decision)
14 Dec - OECD: Exchange of information on tax rulings under BEPS Action 5
13 Dec - EU: Member states in the EU reach agreement to implement Pillar Two (updated)
9 Dec - KPMG report: Public consultation on Amount B under Pillar One, initial observations and analysis
9 Dec - Slovakia: Public country-by-country reporting implemented
9 Dec - UK: Report of national audit office on operation and implementation of digital services tax
8 Dec - OECD: Public consultation document on Amount B under Pillar One
6 Dec - EU: Minimum tax directive proposal removed from ECOFIN meeting agenda
6 Dec - Kenya: Country-by-country reporting multilateral competent authority agreement signed
6 Dec - Romania: Public country-by-country reporting implemented
1 Dec - Finland: Clarifications on DAC7 reporting obligations
1 Dec - Spain: Reverse hybrid mismatch rules introduced
1 Dec - United Nations: Resolution to develop new international tax cooperation framework
November 2022
30 Nov - Poland: Legislation implementing “public” country-by-country reporting directive announced
29 Nov - KPMG report: Key takeaways from the OECD’s 2021 mutual agreement procedure (MAP) statistics
22 Nov - OECD: Mutual agreement procedure (MAP) statistics for 2021
22 Nov - EU: Public country-by-country reporting implementation summary
17 Nov - Argentina: Update on ratification of MLI
16 Nov - Denmark: DAC7 guidance
10 Nov - United States: Corporate Alternative Minimum Tax considerations and FAQs
9 Nov - Poland: Draft legislation guidelines of reporting obligations for digital platform operators (DAC7)
3 Nov - Finland: Draft legislation to implement DAC7
3 Nov - Hungary: Draft legislation to implement public country-by-country reporting
October 2022
27 Oct - Australia: Public country-by-country (CbC) reporting proposed in 2022-2023 federal budget
25 Oct - Netherlands: Consultation on implementation of Pillar Two rules
20 Oct - Romania: Bill implementing public country-by-country (CbC) reporting directive
19 Oct - KPMG report: Initial observations of OECD report on tax incentives and the global minimum tax
18 Oct - Mexico: Update on ratification of MLI
17 Oct - KPMG report: Comments in response to EC public consultation on the SAFE initiative
17 Oct - South Africa: MLI to enter into force 1 January 2023
14 Oct - OECD: Updated guidance on implementation of country-by-country reporting
14 Oct - Australia: New income tax treaty with Iceland signed, incorporating BEPS recommendations
13 Oct - Australia: Consultation paper on BEPS 2.0
13 Oct - Belgium: Tax proposals in budget 2023-2024 include 15% minimum tax
11 Oct - Hong Kong: Proposed incorporation of MLI into domestic law
7 Oct - Malaysia: Tax proposals in budget for 2023, including domestic minimum top-up tax
6 Oct - OECD: Report on tax incentives and the global minimum tax
September 2022
30 Sep - OECD: Inclusive Framework on BEPS meeting scheduled for 6 - 7 October 2022
28 Sep - Germany: Draft legislation on submission of transfer pricing documentation in tax audit
20 Sep - United States: SEC signals support for country-by-country reporting
19 Sep - Belgium: DAC6 legislation held invalid, questions raised to CJEU (Constitutional Court decision)
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.