Multinational

Asia-Pacific

OECD’s latest MAP review includes focus on India

October 30, 2019

The OECD on October 24 released its sixth round of Stage 1 of peer review reports on base erosion and profit shifting (BEPS) action 14, assessing India, Argentina, Chile, Colombia, Croatia, Latvia, Lithuania, and South Africa, writes Prabhakar KS of Shree Tax Chambers, Bengaluru, India . . .

Digital Economy

OECD director, tax experts, explore proposed “unified approach to pillar one” for taxing multinational groups

October 21, 2019

Julie Martin, managing editor at MNE Tax, discusses the sixth annual Tax Sunday event, held October 20 in Washington, D.C., where the OECD Secretariat’s proposed “unified approach to pillar one” was addressed by OECD tax director, Pascal Saint-Amans and other leading tax experts from government organizations, civil society, business, and academia . . .

Americas

Return on assets (ROA) is an unreliable profit indicator

October 2, 2019

Ednaldo Silva, Founder and Director at RoyaltyStat, writes that selection of “return on assets” as a profit indicator in transfer pricing can lead to intractable controversy because the term is ill-defined whereas operating profit margin and operating profit markup are more reliable . . .