OECD BEPS

OECD BEPS | Turkey

Amount B will not be applied to transactions involving distributors, sales agents, and brokers operating in Turkey

EU | Transfer Pricing

MNEs will be required to submit their first top-up tax information return by 30 June 2026, tax authorities will need to exchange this information by 31 December 2026

OECD | Transfer Pricing

Jurisdictions can adopt OECD’s Latest Guidelines  on the Amount B approach for relevant transactions starting from fiscal years commencing on or after January 1, 2025

EU | Tax Policy

Focus Areas Include: Tax Governance & Competitiveness, Closing the VAT Gap, Energy & Environmental Taxation, Customs Union Reform, EU Enlargement & Trade Relations, Sanctions Enforcement, Global Influence

EU | US | OECD BEPS

Highlighting the need for fair taxation and advancing climate initiatives at the Davos World Economic Forum 

US | OECD BEPS

Any commitments made by the previous administration regarding the Global Tax Deal are declared void within the US 

US | Transfer Pricing

Notice 2025-4 Aligns with OECD Report on Amount B of Pillar 1, Launching For Comments 

UAE | Direct Tax

Ministry of Finance Announces Updates to Corporate Tax Law Affecting Multinationals

OECD | Transfer Pricing

Announced at the 2024 OECD Tax Certainty Day, celebrating jurisdictions that showcased excellence in resolving tax disputes through the Mutual Agreement Procedure (MAP) and Advance Pricing Agreements (APA)

Belgium | OECD BEPS

Available to download in English Here! First submission deadline set for November 30, 2025

EU | BEPS

Enhanced Administrative Cooperation in Taxation: update is aimed at simplifying the process of filing top-up tax information returns for large companies under the Pillar 2 Directive

Brazil | OECD BEPS

Translation to English Available to Download Here!

European Union | Direct Tax

October Infringements Package on Taxation and Customs Union: Hungary, Malta, Germany, Spain, Cyprus, Poland, and Portugal

OECD BEPS

Aimed at Facilitating Amount B Implementation, simplified and streamlined pricing approach for baseline marketing and distribution activities.

US | OECD BEPS

Firm opposition to the OECD’s global minimum tax deal, the future of U.S. involvement in the OECD’s tax framework remains uncertain

OECD BEPS

New Treaty Strengthens Pillar Two Global Minimum Tax with Subject to Tax Rule, Protecting Developing Countries' Tax Bases

OECD BEPS

Latest BEPS Developments

Argentina Direct Tax OECD BEPS

Decree 749/2024 Aims at Attracting Investors

Canada | Digital Services Tax

Reaction to US request on DST 

Bahrain | Direct Tax

The first member of the Gulf Cooperation Council (GCC) to implement a Domestic Minimum Top-up Tax

European Union | Tax Avoidance 

Have Your Say on the Directive aimed to fight aggressive tax planning and tax avoidance

UK | Tax Policy 

VAT on Private Schools, OECD Pillar 2 Implementation, Increasing HMRC staff and focusing on Tax Technology,… 

OECD | G20 | International Tax

Historic declaration on international tax cooperation

OECD G20

Key reports on international tax cooperation, digital economy challenges, and inequality highlight OECD's pivotal contributions to G20 financial policy discussions.

OECD BEPS

The OECD’s latest report provides extensive data on over 160 countries and jurisdictions

OECD BEPS

Comments are expected by 19 August 2024 latest

Belgium | CIT | Transfer Pricing

Only applicable to groups that will not make Belgian advance payments for the 2024 QDMTT and/or 2024 IIR

Canada | OECD

Relevant Revenues since January 1, 2022, are impacted

OECD BEPS

Pillar One and Pillar Two Tax Measures, CbCR Safe Harbour Guidance, Qualified Status 

Australia | CIT

If approved, public CbC reporting will be effective for reporting periods starting on or after 1 July 2024

OECD Pillar 1

Pillar 1 encounters roadblocks

OECD BEPS

Advancing towards a final agreement on Pillar One, the anticipated signing of the Multilateral Convention by the end of June

Belgium | Pillar 2

On May 21, 2024, the Belgian tax administration released new guidance on mandatory registration requirements

Belgium | Pillar 2

Registration to obtain number from the Belgian Trade Register

Belgium | BEPS

Rectification of prior legislative oversights identified in the original December 19, 2023 Pillar Two law

OECD BEPS

Tax Challenges Arising from the Digitalisation of the Economy.

OECD Amount B of Pillar One

A simplified approach to applying the arm's length principle to baseline marketing and distribution activities.

Brazil | France | Global Minimum Tax

Brazil and France at the forefront in bringing forward the idea of 2% tax