Asia-Pacific
Israel Supreme Court rules stock-based compensation must be added to cost base for transfer pricing
Shlomo Hubscher and Jacky Houlie of JH & Co. Law Office analyze an April 22 Israel Supreme Court decision which concluded that companies that use the cost plus transfer pricing method must include stock-based compensation in the cost base, thus increasing the taxes paid by many multinational firms with research and development operations in Israel . . .
Hong Kong gazettes law on joining multilateral tax agreement
Hong Kong’s Inland Revenue Department on February 2 published in the official gazette a law providing the legal framework for Hong Kong to join a multilateral tax agreement on implementing automatic exchange of information in tax matters (AEOI), automatic exchange of country-by-country reports of multinational corporations, and spontaneous . . .