World Tax Adviser

 A world of news with tax@hand

24/01/2025

Featured articles

  • OECD Pillar Two: Information return updates released
  • OECD Pillar Two: Qualified jurisdictions and further guidance

Australia

  • New draft ATO guidance on third party debt test and restructures released

China

  • New VAT law effective as from 1 January 2026

Germany

  • MOF issues final transfer pricing guidance for intercompany financing arrangements

Hong Kong SAR

  • Updates proposed to align transfer pricing rules with 2022 OECD guidelines

Indonesia

  • Pillar Two global minimum tax rules implemented as from 1 January 2025

Italy

  • Summary of main tax provisions introduced by 2025 budget law and “IRES/IRPEF decree”

Mexico

  • Various tax incentives extended through 2025

OECD

  • PCT is accepting comments on principles relating to tax incentives

Taiwan (China)

  • MOF releases updated list of low-tax jurisdictions

Ukraine

  • Tax challenges relating to exports of commodities and analysis of traders’ profitability

United States

  • Final regulations address disregarded payment loss and dual consolidated loss rules
  • Proposed regulations on spinoff transactions and related reporting requirements

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