Argentina has updated the thresholds for the Transfer Pricing (Local File) and the Master Report (Master File). The transfer pricing policy has been simplified with updated thresholds for the Master Report, and new thresholds have been established for Transfer Pricing submissions.
Budget projections for the year of 2021 were delivered in Singapore on the 16th of February. For the 2021 budget, core rates such as corporate tax rate, GST rates, and personal income tax rate will remain as they are.
The 2021 UK budget was presented to parliament in early March. The budget will continue to incorporate allocations to various coronavirus support measures.
Japan amends their data privacy law in congruence with Europe’s GDPR. The amendments are to go into place in the last quarter of 2021.
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