Quotes of the month
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Quotes of the month

"I found the President's tax proposals to be misguided. A $320 billion tax hike is the last thing we need. What we really need is to make our tax code simpler, flatter, and fairer, so we can create more jobs."

President Obama's tax proposals in his State of the Union address don't inspire Paul Ryan, chairman of the House Ways and Means Committee.

"The 2015 guidelines are not intended to be prescriptive. As such, taxpayers are to exercise their best judgment to determine the most appropriate time for preparing TP documentation within the above timeframe."

Inland Revenue Authority of Singapore clarifies what it expects from taxpayers in the way of transfer pricing documentation.

"Everything is working. We don't really have any difficulties."

Donato Raponi, head of the VAT Unit at the European Commission, tells International Tax Review that the new EU system for VAT payment is going well.

"Really? I'd like some of what Raponi's on please! Hallucinating! #EUVAT2015"

EU VAT Action (Twitter handle @euvataction) reacts to Raponi's comments in International Tax Review that EU VAT implementation is going well so far.
more across site & bottom lb ros

More from across our site

EMEA research now open
Luis Coronado suggests companies should embrace technology to assist with TP data reporting, as the ‘big four’ firm unveils a TP survey of over 1,000 professionals
The proposed matrix will help revenue officers track intra-company transactions from multinationals
The full list of finalists has been revealed and the winners will be presented on June 20 at the Metropolitan Club in New York
The ‘big four’ firm has threatened to legally pursue those behind the letter, which has been circulating on social media
The guidelines have been established in the wake of multiple tax scandals and controversies that have rocked the accounting profession
KPMG Netherlands’ former head of assurance also received a permanent bar and $150,000 fine; in other news, asset management firm BlackRock lost a $13.5bn UK tax appeal
The new, fully integrated office will also offer M&A, dispute resolution, IP and corporate tax services
The new guidance concerns a recent 1% excise tax on the repurchases of corporate stock for both US and certain foreign companies
Interpath has hired a managing partner from rival accounting firm BDO to lead the new operation
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