The Italian Supreme Court’s recent acceptance of a subsidiary’s no-fee guarantee for a parent company’s loan highlights what some tax practitioners see as growing willingness by courts to accept purely economic reasons for not charging intragroup fees, at least in the area of corporate finance.
The Australian Tax Office needs additional tools to discourage transfer pricing by tech companies hoping to avoid paying for local news content, the country’s commercial television broadcasters say.
An IRS legal memo on the agency’s ability to adjust a company’s profits continues to come up in audits of companies’ transfer pricing, an IRS official said Wednesday.
The European Commission pushed Luxembourg and Malta to strengthen measures against aggressive tax planning, warning both countries they’re susceptible to companies shifting profits to low-tax jurisdictions.
The OECD launched a public consultation Monday focused on updating transfer pricing guidance to clarify existing principles and provide practical examples for identifying and pricing intragroup services.
The US Treasury is keeping a close eye on forthcoming guidance from the OECD that’s meant to ensure the global minimum tax framework maintains its integrity, a top department official said Friday.
States are reconsidering tax incentives that fueled the data center boom, as rising energy costs, budget pressures, and public pushback grow. With many projects stalling, the shift is reshaping competition for AI infrastructure.
Palm oil buyers are continuing to lock in Indonesian supplies for the coming months, betting that an official
Indonesia’s commodity export agency will focus on monitoring the price of key raw-material exports instead of intervening in trade, according to a senior official, in an apparent effort to ease industry concerns over a radical natural-resource policy introduced last month.
India’s offer to provide information technology and related industries more certainty about their tax positions is gaining intense interest, especially because it’s seen as a way to avoid prolonged disputes with tax authorities.
The Trump administration scored a key procedural win over a group of states and small businesses challenging the 10% global tariffs instituted in February, after a federal appeals court ruled the government can enforce the levies while the fight plays out.
New Zealand’s tax authority will require companies to submit requests for some advance pricing agreements through its digital government portal starting in September, the revenue service announced Tuesday.
For Big Law’s sports industry partners, the most eventful summer in New York’s recent history is emerging as a low-stakes, corporate-tinged social tightrope. The payoff is meaningful time to bond shoulder-to-shoulder with clients.
Europe is shaking itself awake.
The Dutch Official Gazette June 10 published the memorandum of understanding (MoU), signed May 28, establishing the rules and requirements regarding mutual agreement procedures (MAPs) under the 1976 DTA with ...
The Romanian National Agency for Fiscal Administration June 5 issued a draft order to approve the procedures and documentation requirements for advance pricing agreements (APAs). The draft order includes measures ...
The Ukrainian Ministry of Finance June 10 posted the text, in Ukrainian and English, of the DTA and protocol with Germany, signed May 19, which will replace the 1995 DTA ...
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