BRAZIL
CHINA
CYPRUS
- July 1, 2022 – Cyprus introduces transfer pricing rules and documentation requirements (EY)
- July 28, 2022: Cyprus introduces TP documentation (PwC)
- August 9, 2022: Cyprus introduces new Transfer Pricing legislation (Coperitas)
- September 6, 2022: Cyprus Tax Authority issues notification with respect to newly introduced transfer pricing rules and documentation requirements (EY)
GUATEMALA
- August 25, 2022: Preliminary transfer pricing analysis prior to year end may benefit taxpayers (Deloitte)
HUNGARY
- July 22, 2022 – New Hungarian transfer pricing rules impose additional reporting requirements and require adjustments to the median
- August 8, 2022: Hungary’s 2023 Budget Law Published Including Transfer Pricing Changes from 2022
ISRAEL
THE NETHERLANDS
- July 4, 2022 – The Netherlands issues new transfer pricing decree
- July 22, 2022 – Dutch Ministry of Finance publishes new transfer pricing decree
POLAND
- Spetember 2, 2022: Poland proposes changes to transfer pricing regulations
PORTUGAL
SAUDI ARABIA
UNITED KINGDOM
- July 25, 2022 – UK Government released draft legislation introducing new transfer pricing documentation requirements for ‘UK businesses’
- August 4, 2022: New transfer pricing documentation requirements enhance HMRC’s information gathering powers and taxpayers’ penalty risks (Baker & McKenzie)