Algeria
The UK tax agency dished out £153 million in VAT penalties last year; in other news, Bird & Bird and Pérez-Llorca have made strategic tax hires
Mærsk Oil and Gas has lost its battle with the Danish Tax Agency over its transfer pricing arrangements with subsidiaries in Algeria and Qatar.
Mærsk Oil and Gas, now owned by French company TotalEnergies, will face off against the Danish Tax Agency in their long-running TP dispute.
With carbon taxes expected in the global shipping industry, onlookers say the costs of climate inaction would only be worse.
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Sponsored by Arendt & MedernachThe OECD has released its long-awaited transfer pricing guidance on financial transactions. Danny Beeton and Alain Goebel of Arendt & Medernach review the guidance and suggest the best approaches for pricing and documentation. -
Sponsored by GNV Consulting ServicesIndonesia has strengthened its tax disputes framework by adapting a more sophisticated procedure when handling advance pricing agreements (APAs) and mutual agreement procedures (MAPs). Charles Setia Oetomo and Felic Setiawan of GNV Consulting Services examine how the developments are an attractive premise for businesses in the region.
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Sponsored by Baker McKenzie LuxembourgThe technological revolution has led the OECD to attempt to redefine the concept of permanent establishments. Antonio A Weffer of Baker & McKenzie Luxembourg discusses how the related notion of the finance function is evolving in a digital cross-border setting.
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