The US has entered into bilateral competent authority agreements with Belgium, Brazil, Isle of Man, Jamaica, and Malta providing for the exchange of country-by-country reports on multinationals' tax affairs, the . . .
The US is concerned that some countries aim to increase their share of tax revenue from multinational firms by incorrectly applying OECD transfer pricing guidelines on the allocation of risk, a Treasury . . .
A new "toolkit" which considers how developing nations can address a lack of comparables in transfer pricing, released jointly by the UN, OECD, IMF, and World Bank Group last June, reaffirms that the arm's length approach can work for all nations but is also an imperfect, "not scientifically pure," document, a UN official said July 18. Michael Lennard . . .
Dentons today announced that Cristiano Bortolotti will join the firm as a transfer pricing partner in the firm's Luxembourg office. Bortolotti will also develop and assist more broadly the tax practice . . .
Additional guidance on the implementation of country-by-country reporting by large multinational groups was released today by a countries known as the "Inclusive Framework on BEPS," the OECD has announced. This guidance is designed for both . . .
Mumbai attorney and transfer pricing specialist, Ajit Jain, discusses the OECD’s new transfer pricing approach to business restructuring, as described in Chapter IX of 2017 OECD transfer pricing guidelines, released July 10 . . .
The OECD today released a key update to its transfer pricing guidelines for multinationals. The 2017 OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administration incorporates new transfer pricing approaches agreed to by OECD and G20 countries in the 2015 base . . .
Professor Rifat Azam, Radzyner School of Law, Herzliya discusses the Israeli District Court's decision in Getko Ltd vs. Kfar Saba Assessing Officer, which strives to develop transfer pricing principles and guidelines in the Israeli tax law context . . .
The OECD expects to soon release an important update to its Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations, tax officials said during a June 26 webinar. Officials also discussed the OECD's coming release of a discussion draft . . .
The United States has so far put in place 11 bilateral competent authority arrangements for the automatic exchange of country-by-country reports, the OECD reported a June 22 release. The US now has . . .
The OECD today released revised draft guidance on the attribution of profits to permanent establishments (PEs) as well as revised draft transfer pricing guidance on profits splits. Both discussion drafts replace earlier drafts . . .
Tax advisors, accountants, banks, lawyers, and other intermediaries who design and promote potentially aggressive cross-border tax planning schemes and, in some cases, the clients that receive such advice, would be required to meet new reporting. . .