Activity Tracker
The DPA Activity Tracker provides our latest information on developments in legislatures, judiciaries and the executive branches of G20, EU member states and Switzerland.
370 events advancing 189 policy or regulatory changes:
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Australia Implementation of OECD Pillar 2 (Minimum Tax Rate)
Closed consultation on the primary legislation to implement the OECD's Pillar Two (Minimum Tax Rate)
On 16 April 2024, the Australian Treasury closed the consultation on the primary legislation to implement the OECD's Pillar Two global Minimum Tax Rate. The legislation is aligned with the OECD's Pillar Two framework. The legislative proposal aims t…
Tax Agency guidelines on VAT treatment of NFTs
Adopted Swedish Tax Agency guidelines on VAT treatment of NFTs
On 28 March 2024, the Swedish Tax Agency (TA) issued a ruling clarifying the value-added tax (VAT) treatment of non-fungible tokens (NFTs) linked to digital works. The TA defined NFTs as unique blockchain records signifying ownership of specific ass…
US-Turkey Updated Joint Statement on Transitional Approach to Existing Unilateral Measures
Issued US-Turkey Updated Joint Statement on Transitional Approach to Existing Unilateral Measures
On 12 March 2024, the United States and Turkey issued an updated joint statement on a transitional approach to existing unilateral measures before the implementation of Pillar 1. This follows the political compromise reached by the United States, Au…
Bill Amending Minimum Taxation Rules under Pillar Two
Introduced Bill to Amend Minimum Taxation Rules under Pillar Two in Belgium
On 6 March 2024, a Bill was introduced into the Belgian Chamber of Representatives aimed at revising the current minimum taxation regulations, as outlined under Pillar Two, which were initially published on 28 December 2023. This Bill introduces sev…
Extension of Transitional Measures until Implementation of Pillar 1
Adopted Extension of Transitional Measures until Implementation of Pillar 1
On 15 February 2024, the United States, Austria, France, Italy, Spain, and the United Kingdom adopted an extension to the agreement reached on 21 October 2021 "Regarding a Compromise on a Transitional Approach to Existing Unilateral Measures During …
Reporting obligation in revised Directive on administrative cooperation in the field of taxation
Implemented Directive 2021/514 including reporting obligation
The Council Directive (EU) 2021/514 had to be transposed by member states until 31 December 2022. The first reporting of data is required by 31 January 2024.The directive includes various changes concerning reporting obligations to member states' ta…
VAT on digital services in Bill Amending and Adding New Sections of the National Internal Revenue Code (SB No. 2528)
Introduced Bill Amending and Adding New Sections of the National Internal Revenue Code including 12% VAT on digital services (SB No. 2528)
On 30 January 2024, Bill Amending and Adding New Sections of the National Internal Revenue Code including 12% VAT on digital services (SB No. 2528), was introduced in the Philippines Senate. The Bill would mandate nonresident digital services provid…
Transitional Guidance on Reporting of Digital Assets Transactions
Announced transitional guidance on reporting of digital assets transactions
On 16 January 2024, the United States Treasury Department and Internal Revenue Service (IRS) announced that businesses are not required to report transactions involving digital assets in the same manner as cash transactions until further regulations…
Bill 4173/2023 on crypto asset taxation
Implemented Bill 4173/2023 on crypto asset taxation
On 1 January 2024, Bill 4173/2023, amending taxation law, including provisions introducing taxation for crypto assets held abroad, came into effect. In particular, the income from derived crypto assets over BRL 6'000 will be taxed at a rate of 15%, …
Tax reporting obligation for cryptocurrency transactions in INVEST in America Act (Infrastructure Investment and Jobs Act)
Entry into force of IRS reporting obligations for crypto transactions as created in the of INVEST in America Act of 2021
The obligation to report crypte transactions to the IRS takes effect on 1 January 2024 for transactions after 1 January 2023. Among many measures in various sectors, section 80603 of the act includes reporting obligations to the Internal Revenue Se…